Summarised by Michael Yardney at Property Update here.
A very strong 75% of properties sold at auction on Saturday in Sydney, with buyer activity some 20% higher than a year ago according to APM.
Meanwhile RP Data shows that prices have increased across all capital cities in the past 12 months.
Source: RP Data
In particular, Perth (+7.78%) and Sydney prices are strong, with Sydney dwelling prices breaking up to new all-time highs (+4.73%).
Source: RP Data
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