/ 02 May 2024

Up, up and up…

house

This is no newsflash if you’re trying to get into the market, but Aussie house prices have risen for the 15th month in a row. Things are pretty crazy in Perth right now, with an increase of 2% in April – followed by Adelaide (+1.3%), Brisbane (+0.9%), Darwin (0.6%), Sydney (0.4%), Hobart (0.3%) and Canberra (0.2%). Only Melbourne recorded a slight dip (-0.1%). The harbour city is still the most expensive to break into with a median house price of $1.4 million and unit price of $845,000. Darwin will give you more bang for your buck, with the median house costing $579,000 and $364,000 for a unit. If that’s a bit sobering, why not just dream instead… Aussie Home Loans founder John Symons’ Sydney pad is on the market – it’s expected to fetch a sweet $200 million. 

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