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2 days ago · First published 3 Oct 2024, 3:13pm. A much awaited interest rate cut could spark another explosion in home prices, adding over $30,000 to the average cost of properties in many Sydney suburbs in the first month alone, modelling has revealed. The analysis provided exclusively to the Saturday Telegraph showed Sydney had a history of being much ...
4 days ago · Cronulla in Sydney’s south posted the sharpest quarterly decline of 6.6 per cent, slashing $176,732 from the median house price to $2.5 million. The median house value in Woollahra in the city ...
Nov 22, 2023 · Sydney housing prices are set to drop in 2024, due to a predicted increased in distressed sales. SQM Research managing director Louis Christopher said in his annual Housing Boom and Bust Report: “Distressed selling activity is expected to jump, especially in NSW where we are already starting to see a new trend upwards in that data set.”
Bayview, North Balgowlah and Double Bay are among those which have seen sizeable price rebounds. House values in Lewisham dropped about 25 per cent, but are now closing in on their price peak.
Sep 13, 2024 · Sydney house prices – what happened in 2023. The pace of value gains across Sydney was leading the nation in early 2023, but conditions began easing after a cyclical peak rate of growth in May when home values were rising at a monthly pace of 2%.
Oct 2, 2017 · Prices in Sydney eased 0.1 per cent in September, the first decline in 17 months, dragging the annual pace back to 10.5 per cent from 13 per cent in August.
3 days ago · In Sydney, unit prices fell for the first time in 18 months, dropping .6% to $797,212. It was a similar story in Melbourne and Darwin with unit prices falling 1.7% and 3.4% respectively.
