Selling the family home hasnt looked this good for years, no matter what state its in. Over 12 months the median house prices are:
Perth: Up 9% to $519,500
Canberra: Up 13% to $609,300
Sydney: Up 14.7% to $609,300
Darwin: Up 15.7% to $576.000
Melbourne: Up 27% to $549,980
For the first time the median house price in Sydney is above $600,000 and is 14.7% higher than it was twelve months ago. This represents the highest growth since 2004. Melbourne prices have jumped 27%, the highest growth there since 1995 and making it more expensive than Canberra which jumped 13% to $549,650.
Opinion
RIP: We are seeing the death of the family-run aged care operator
It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...
