Original article by Robert Harley
The Australian Financial Review – Page: 3 : 29-May-15
Data from Corelogic shows that there has been a 38.8 per cent increase in Sydney house prices since May 2012. However, the firm notes that residential property values in the harbour city rose by 60.2 per cent during the property boom of 2001 to 2004. Likewise, house prices in Melbourne have risen by 23.6 per cent during the current boom, well shy of the 58 per cent growth between 2001 and 2004.
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