{"id":23335,"date":"2020-01-26T12:33:28","date_gmt":"2020-01-25T23:33:28","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=23335"},"modified":"2020-01-26T12:33:36","modified_gmt":"2020-01-25T23:33:36","slug":"sydney-house-prices-jump-by-up-to-300000-in-suburbs-leading-the-property-rebound","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/sydney-house-prices-jump-by-up-to-300000-in-suburbs-leading-the-property-rebound\/","title":{"rendered":"Sydney house prices jump by up to $300,000 in suburbs leading the property rebound"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>PHOTO:  Lindfield seller Vicky Culver, with her cat Fergus and dog Gretel. Photo: Peter Rae <\/strong><\/p>\n\n\n\n<p class=\"has-drop-cap wp-block-paragraph\">Sydney suburbs leading the property market rebound have&nbsp;seen median prices jump by up to $300,000 in the space of a year, new data shows, with more than a dozen recording double-digit growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">About one in five suburbs saw prices climb over the year to December, the latest&nbsp;<a href=\"https:\/\/www.domain.com.au\/research\/house-price-report\/december-2019\/\"><em>Domain House Price Report<\/em>&nbsp;<\/a>data showed, with house prices in nine suburbs and unit prices in four neighbourhoods increasing by more than 10 per cent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A strong end to last year saw Sydney record its first annual price growth since the market boom ended in 2017. Sydney house prices increased 6.8 per cent in a year to a median of $1,142,212, while unit prices jumped 3 per cent to a median of $735,387.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cPrices are still not where they were in 2017, but it\u2019s been an incredible rebound and all indicators point to them reaching those peak levels this year,\u201d Domain economist Trent Wiltshire said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The developing suburb of Norwest, where new homes dominate the market, had the biggest uplift with the median increasing a staggering 24 per cent to $1.274 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">READ MORE VIA <a href=\"https:\/\/www.domain.com.au\/news\/sydney-house-prices-jump-up-to-300000-in-suburbs-leading-the-property-rebound-922734\/\">DOMAIN<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Lindfield seller Vicky Culver, with her cat Fergus and<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/sydney-house-prices-jump-by-up-to-300000-in-suburbs-leading-the-property-rebound\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":23336,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478103303,478098510,478108521,478098536,478101384,478099136,478098618],"class_list":["entry","author-data123nz","post-23335","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-domain-house-price-report","tag-property-news","tag-property-rebound","tag-sydney","tag-sydney-home-prices","tag-sydney-house-prices","tag-sydney-property"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sydney house prices jump by up to $300,000 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