{"id":31148,"date":"2021-03-13T10:10:51","date_gmt":"2021-03-12T21:10:51","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=31148"},"modified":"2021-03-13T10:10:51","modified_gmt":"2021-03-12T21:10:51","slug":"sydney-property-prices-hit-all-time-high-on-back-of-housing-boom","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/sydney-property-prices-hit-all-time-high-on-back-of-housing-boom\/","title":{"rendered":"Sydney property prices hit all-time high on back of housing boom"},"content":{"rendered":"

PHOTO: When excluding units, the new median high for detached homes is a belt-tightening $1,061,229.\u00a0(AAP\/Getty)<\/strong><\/p>\n

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It is now more expensive to buy a home in Sydney<\/a> than in any other time in history.<\/div>\n
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Fresh data from property research firm CoreLogic shows Sydney’s property values have eclipsed the stratospheric heights they reached in mid-2017.<\/div>\n<\/div>\n
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The median value – meaning the middle price between the most expensive and the cheapest – for all dwellings in Sydney is now $895,933.<\/div>\n<\/div>\n
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Sydney property prices have recovered from their mild COVID-19 trackback.\u00a0(CoreLogic)<\/strong><\/em><\/figcaption><\/figure>\n
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When excluding units, the new median high for detached homes is a belt-tightening $1,061,229.<\/div>\n<\/div>\n
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Units are yet to hit record highs, with the median value for a flat in Sydney sitting at $738,254.<\/div>\n<\/div>\n
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CoreLogic’s executive research director Tim Lawless said he was not surprised by the new record.<\/div>\n<\/div>\n
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