• TYPICAL home prices have skyrocketed by more than $400,000 in Sydney’s most popular suburbs over the past year, with some sellers offloading their homes for up to $1.37 million more than they paid for them in 2015.

With only a small choice of homes available, committed buyers bid high for the homes they liked, netting sellers staggering sales results.

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this-house-on-farnell-st-in-hunters-hill-resold-in-2016-for-1-05-million-above-the-2014-price-of-1-9-million

This house on Farnell St in Hunters Hill resold in 2016 for $1.05 million above the 2014 price of $1.9 million.Source:Supplied