Aussie Home Loans: Sydney house prices to top $6.3 million in 25 years

Wednesday 13 June 2018

Of all the idiotic housing reports that I have read in my time, the Aussie Home Loans / CoreLogic 25 years of Housing Trends report has to be among the worst. According to this report, the median Sydney house price could exceed $6.3 million in 25 years whereas Melbourne’s median house price could exceed $5.8 million:

Strong housing market conditions over the last 25 years have boosted median house values by 412 per cent or $460,000…

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.