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Record price difference opens between Sydney houses and units

Press coverage 30 January 2021 Summary of published coverage
Record price difference opens between Sydney houses and units

Sydney’s median house price climbed to a record $1.21 million in the December quarter, 66 per cent above the median unit price and the widest margin since Domain began measuring in 1993. Unit values remained below their 2017 peak, with weak investor demand and closed borders weighing on rental reliant stock. PIPA chairman Ben Kingsley said owner occupiers had driven the gains and expected the divide to widen.

Reported by

Jennifer Duke and Matt Wade, The Sydney Morning Herlad, 30 January 2021

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