Sydney house prices rise 13 per cent

SYDNEY property prices jumped more than 13 per cent in the past year despite speculation of a looming market crash, new figures have revealed. Sydney looks set to remain the country’s property powerhouse, according to the new data from CoreLogic, with the median dwelling price rising 13.1 per cent to 5,000 in 2016. Sydney outpaced every other city in the country- achieving triple the growth of Brisbane which saw a mere 3.9 per cent rise in prices. #264