Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

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Thursday, 30 April 2015

Lower north shore driving Sydney property boom

Sydney leads house price growth

Domain Group (formerly APM) released its March quarter house price figures.

Sydney leads the way in terms of house price growth at 3.6 per cent for the quarter and 16 per cent year-on-year, which as expected represents an acceleration in price growth.

House price growth elsewhere has been steady.

Also as we expected, the lower north shore leads the way in Sydney, with an extraordinary 10.5 per cent boost to median prices in the March quarter.

The inner west (+7 per cent) and city and east (+6.8 per cent) also recorded strong growth in the quarter.