A joint PIPA and CoreLogic study named Lakemba in Sydney’s Canterbury region the country’s strongest suburb of the past decade, with dwelling values rising an average 8.4 per cent a year to about $881,000. Oatlands and Dundas Valley followed on 8.1 per cent, ahead of Melbourne’s Rockbank and Mount Cottrell. PIPA chairman Peter Koulizos noted that pockets such as Prospect outperformed even in subdued cities.
Reported by
Gerv Tacadena, Your Investment Property, 16 March 2020
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