Sydney's median apartment price has risen a massive 106.2% since 2008, and is now at $750,000 - meaning it's more important than ever to carefully consider the best areas for future growth.
Melbourne family homes have the fastest growing prices in the country
New data from the REIV shows three and four-bedroom homes in middle-ring suburbs are the fastest growing property type in Melbourne, which itself is the fastest growing market in the country.
Yet the market is still seeing strong results. A four-bedroom Melbourne home with a pool and tennis court sold for $7,650,00 last week through Abercromby's Real Estate Armadale.
Federal Budget initiatives go some way towards helping first-homebuyers, but a coordinated approach is key to making a real impact, says CoreLogic CEO Lisa Claes.
