Domain Median House Price Report Dec 19 to June 21 Sydney, Brisbane, Melbourne

Discussion in 'Property Market Economics' started by kaibo, 29th Jul, 2021.

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  1. kaibo

    kaibo Well-Known Member

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    Well the headline was Melbourne cracking 1 mil median house price. https://www.domain.com.au/news/melb...age&utm_medium=link&utm_content=pos5&ref=pos1

    Most interesting figures for me was comparing Dec 19 to June 21 with this 18 month data showing where the markets are at now compared to before the pandemic

    Sydney Jun 21 $1,410,133 (up 16.4% in 18 months)
    Brisbane June 21 $678,236 (up 10% in 18 months)
    Melbourne June 21 $1,022,027 (up 9.3% in 18 months)

    Clear winner with percentage and $ growth is Sydney but the 18 months growth rate is not as as crazy as some of the media want to make us believe. It's still good especially for Sydney and Melbourne which have higher bases
     
    Last edited by a moderator: 30th Jul, 2021
    kaibo, 29th Jul, 2021
    #1
  2. Gockie

    Gockie Life is good ☺️ Premium Member

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    Screen grabs.
    For Sydney.
    1.137 in Dec 2019. 1.410 June 2021.
    Difference 273k.
    273/1137 = 24%.
    I think your maths is faulty, sorry to say. Screenshot_20210730-073329_Samsung Internet.jpg Screenshot_20210730-073443_Samsung Internet.jpg
     
    Last edited: 30th Jul, 2021
    Gockie, 30th Jul, 2021
    #2
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  3. kaibo

    kaibo Well-Known Member

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    Apologies everyone, Clearly watching olympics and posting here is not something I can do at the same time

    Melbourne
    Dec 19 to June 21, 13.4%
    Dec 20 to June 21 , 9.3%
    Sydney
    Dec 19 to June 21, 23.5%
    Dec 20 to June 21, 16.3%
    Brisbane
    Dec 19 to June 21, 17.4%
    Dec 20 to June 21, 10.3%
     
    Last edited: 30th Jul, 2021
    kaibo, 30th Jul, 2021
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  4. Gockie

    Gockie Life is good ☺️ Premium Member

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    I might as well ask, how did you get 23.5% for Sydney please?
     
    Gockie, 30th Jul, 2021
    #4
  5. D.T.

    D.T. Specialist Property Manager Business Member

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    Look at Adelaide beating Perth, Melbourne and Brisbane :)
     
    D.T., 30th Jul, 2021
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  6. icic

    icic Well-Known Member

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    Growth for Canberra is insane! Is it to do with some of those jobs are least affected by the pandemic :rolleyes:
     
    icic, 31st Jul, 2021
    #6
  7. kaibo

    kaibo Well-Known Member

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    kaibo, 1st Aug, 2021
    #7
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  8. Gockie

    Gockie Life is good ☺️ Premium Member

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    Last edited: 2nd Aug, 2021
    Gockie, 2nd Aug, 2021
    #8
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  9. MTR

    MTR Well-Known Member

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    Affordability and market sentiment will be the spanner in the works

    House prices continue to rise in July but experts flag imminent slowdown
     
    MTR, 3rd Aug, 2021
    #9
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