Sydney achieves record growth: Pete Wargent
Pete WargentDecember 17, 2020
Sydney house prices have accelerated to be up by 20.36% over the past year to June 2015, according to Residex.
Sydney house prices jumped by 6.94% for the past quarter alone.
Rents for houses in Sydney also boomed over past year on this index, up 12.4% to $680/week.
Sydney unit prices were up 15.44%, with rents up 6.67% to $560/week.
Not too much doing elsewhere, with prices down marginally for the quarter in Adelaide, and declining moderately over the past year in Perth and Darwin.
Pete Wargent
Pete Wargent is the co-founder of BuyersBuyers.com.au, offering affordable homebuying assistance to all Australians, and a best-selling author and blogger.