Original article by Nila Sweeney
The Australian Financial Review – Page: 32 : 23-Aug-23

Data from CoreLogic shows that the prices of homes in 12.1 per cent of suburbs across Australia have doubled over the last decade. However, the value of units has increased by a similar amount in just two per cent of suburbs nationwide. CoreLogic’s figures also show that house prices in 163 suburbs in Sydney have more than doubled in the last decade, led by South Turramurra with a gain of 151 per cent in the last 10 years. Meanwhile, Melbourne house prices have doubled in the Mornington Peninsula suburbs of Dromana, Frankston North and Sorrento.

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