Sydney October quarter median house and unit price round-up
Larry SchlesingerDecember 8, 2020
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 was a property writer at Property Observer