Insurance Mortgage Real Estate Concept Satisfied Client Showing House Model Thumb Up Smiling Pleased Standing Against Blue Background Min

๐—ฃ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜๐˜† ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฏ๐—ฎ๐—ฐ๐—ธ ๐—ถ๐—ป ๐—ฅ๐—ฒ๐—ฐ๐—ผ๐—ฟ๐—ฑ ๐—ง๐—ฒ๐—ฟ๐—ฟ๐—ถ๐˜๐—ผ๐—ฟ๐˜†

Australiaโ€™s median property price has set a new record.

The national median previously peaked in April 2022, fell 7.5% over the months to January 2023 and has since risen 8.1%, to now exceed $753,000, according to CoreLogic.

That places the national median 0.03% above the old record.

Focusing on the individual cities, some are in record territory while others are some way off:

* Brisbane = at record high
* Perth = at record high
* Adelaide = at record high
* Sydney = 1.8% below record high
* Darwin = 3.3% below record high
* Melbourne = 3.6% below record high
* Canberra = 6.4% below record high
* Hobart = 11.8% below record high

Subiaco finance brokers are here to help

Interest rate rises are here, but you donโ€™t have to fear with the right broker on your side.

The team at Sonam Capital are here to empower you through financial knowledge.
Weโ€™ll take the time to get to know you and your unique situation and speak in a
language you can understand, with strategies you can implement for the best possible outcomes.

Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.

View All
extraMile by Dapth