Houses hit record value lead over apartments

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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.

This has been confirmed by CoreLogic, which has released a report showing “a 30.5% gap between median house and unit prices, which is the highest on record”.

The next chart shows the picture at the national level:

National market

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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.