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CoreLogic has released data showing that the median Australian property has risen in value by a whopping $69,633 from their pre-COVID peak:
Strong capital growth.
As shown above, Canberra’s property values have risen the most ($122,711), followed by Hobart ($103,799) and Sydney ($97,932).
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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.
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