You are here

Sydney house sellers' asking price tops A$1m

Record low interest rates fuelling surge in demand from investors

Sydney

SYDNEY'S median asking price for detached houses topped A$1 million (S$1.1 million) this week for the first time as sellers raised expectations in a booming market.

The asking price rose A$10,600 over the past seven days, according to Sydney-based data company SQM Research

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom