Sydney’s median house and unit prices hit record highs | The Real Estate Podcast
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Australia’s property market is roaring back to life, with all eight capital cities posting simultaneous house price growth for the first time in four years, according to Domain Group’s June Quarter House Price Report.
Sydney’s median house and unit prices have hit record highs as rate cuts have increased borrowing capacity and demand, while supply is still low, with Sydney’s median house price jumping to $1,722,443 after rising 4.% or $68,808 over the year to June, and Sydney’s median unit price rose to $834,791, a 3.2% increase or $25,840 a year in the same period.
On The Real Estate Podcast this week we look at Sydney’s market in depth and what’s driving this growth with Anthony Landahl, Managing Director and Mortgage Broker at Equilibria Finance.
Anthony Landahl | Managing Director Equilibria Finance
This is for general information purposes only and does not constitute advice. With all of these options there are a number of considerations outside the scope of what is covered in this article that you need to understand to ensure your personal circumstances are taken into consideration.
Equilibria Finance is a mortgage broking practice specialising in delivering residential and commercial mortgage and business and asset finance solutions to the clients of financial advice and accounting practices.
