Sydney’s housing market is truly bananas

Friday 3 December 2021

Previously I have published data showing that Sydney house prices are trading at close to all-time highs relative to the other capital cities:

Now Cameron Kusher has posted similar data on Twitter showing how Sydney house prices are tracking against the other major capitals.

According to Kusher, “in 2007 median house prices in Sydney and Perth were (for a short time equivalent) the median house price in Sydney [but] is now 183% higher than Perth’s”:

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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.