Australia’s median property price rose another 0.6% in April, marking the 15th consecutive month of growth, according to CoreLogic.
During that time, the national median has increased 11.1%, or about $78,000, to reach a record-high $780,000.
Property prices are currently at record levels in Perth, Brisbane and Adelaide, all of which are recording double-digit annual growth rates.
Sydney’s median is 0.8% off the peak reached in 2022, which means it might hit record territory next month.
Melbourne is 4.1% off its 2022 peak, Darwin is 5.8% off its 2014 peak, Canberra is 6.0% off its 2022 peak and Hobart is 11.2% off its 2022 peak.
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