Australia’s Property Market Surges as Median Prices Pass $1 Million
Australia’s property market has surged 13 per cent over the past year, reflecting continued pressure from limited housing supply and strong demand. Brisbane’s median reached $1.01 million in the September 2024 quarter, overtaking Melbourne. Credit: AAP Median house prices have jumped by $120,000 in just 12 months, rising from $890,000 to $1.01 million, while quarter-on-quarter growth added […]
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