Sydney house prices recorded a staggering 7.58% growth in the July quarter, pushing the median home values to $1,017, 500.

Sydney has outperformed all capital cities in housing growth for the July quarter, with all capital cities finishing at an average growth of 0.92%. Melbourne was a distant second to Sydney in property growth, finishing at 3.10% for July, with a median house value of $683,000. Resource states, such as Darwin and Perth continue their poor performance for the year, as values dropped by 6.41% and 4.34% respectively.

Read more about this on theĀ Onthehouse.com.au website.

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Dorian Traill is the current Director of Grand Capital Finance Group and Fountain Property Group. He specialize in home loans for people as well as helping them build wealth through quality investment properties that ultimately lead to long term financial freedom.

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