Sydney achieves record growth: Pete Wargent

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.

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