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Recently, Domain claimed that the price differential between house and apartments had hit 66%, which is the widest gap on record.
New data released from CoreLogic’s Tim lawless via Twitter confirms this view, also claiming “the ‘value gap’ between house and unit values [is] the widest on record”, which “could see affordability pressures gradually divert more demand back into the medium to high density sector”.
“Sydney is a good example, but the gap has widened substantially across every capital city”:
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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.