Sydney October quarter median house and unit price round-up

Sydney house prices are forecast to grow by between 3% and 5% in 2012, according to Australian Property Monitors. 

“Sydney provides a solid prospect for median house price growth of up to 5% in 2012,” says APM senior economist Andrew Wilson. 

“This growth will come mainly through the lower and middle band suburbs as buyers seek to maximise choices in a market characterised by chronic shortages of accommodation and Australia’s tightest capital city rental market."

 

 

Larry Schlesinger

Larry Schlesinger

Larry Schlesinger was a property writer at Property Observer

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