The outrageous daily rise in Sydney’s property market
Sydney house prices have hit a record median of $1.6 million, new figures show, after climbing almost $1100 a day in 2021.
House prices had grown roughly four times faster than unit prices over the year, creating a record gap between the two – with houses now twice the price of units.
Will the influx continue? Has it peaked? What is likely to happen?
Chief of research & Economics at Domain, Dr Nicola Powell joins John on the program to discuss all.
Download this podcast here