Residex released its December 2015 property market report here.
Residex reported that over the two years of the current market cycle, the median house price in Sydney increased by +$375,000.
Mirvac and Stockland have reported more Sydney buyers are looking at apartments in Brisbane, while other developers note that up to 40 per cent of sales are going to Sydney buyers.
Perth house prices increased by +2.3 per cent in December, but were flat over 2015, while Perth unit prices were down by -4 per cent over the year.
On Monday data provider CoreLogic-RP Data will report that Sydney home values increased by +0.5 per cent in January.