Original article by Nila Sweeney
The Australian Financial Review – Page: 31 : 22-May-24

Data from CoreLogic shows that house prices in some of the more expensive suburbs in Sydney and Melbourne rose by up to seven per cent in the three months to April. The median house price in Sydney’s upper north shore suburb of Gordon increased by 7.1 per cent, after falling by 1.4 per cent in the previous three months. Melbourne suburbs that recorded strong price growth include Kew East, Brighton and Camberwell. Tim Lawless from CoreLogic says it is not surprising that house prices in premium suburbs have risen, given that they have fallen in recent months.

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