According to The Australian Financial Review, apartment values are rising faster than those of houses in about six out of 10 suburbs nationwide as the price gap between the two categories blows out to a record 48.2 per cent, CoreLogic data shows.
A sharp decline in borrowing capacity, coupled with the recent house price gains, has consolidated the demand for units, lifting investor and first home buyer activity, said CoreLogic’s head of research, Eliza Owen. https://www.afr.com/property/residential/unit-prices-rising-faster-than-houses-in-60pc-of-all-suburbs-20240801-p5jyax
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