Sydney House Prices More Unaffordable Than Ever | Louis Christopher

Sydney Houses Cross the One Million Dollar Threshold

New data released by SQM Research  today has revealed that Sydney’s median asking price for free standing houses (Includes terraces, but excludes townhouses) has surpassed the one million dollar mark, recording a median asking price of $1,005,800 as of this morning’s weekly update.

Further confirming our forecasts for this capital city in recent years to outperform, this news highlights just how expensive the Sydney property market  has become.

Although this may have no immediate significant impact to the market right now it would be impossible to purchase a free standing house in Sydney’s inner ring for under a million dollars, and will become increasingly difficult to purchase a free standing house in Sydney’s middle ring for under a million dollars.


Subscribe & don’t miss a single episode of Michael Yardney’s podcast

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

Need help listening to Michael Yardney’s podcast from your phone or tablet?

We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.


Prefer to subscribe via email?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.

Louis Christopher


Louis is recognised as one of Australia’s most respected and impartial research property analyst. He has extensive knowledge and experience of property and is regularly quoted in the media on his insights and is director of SQM Research.

'Sydney House Prices More Unaffordable Than Ever | Louis Christopher' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.


Copyright © Michael Yardney’s Property Investment Update Important Information
Content Marketing by GridConcepts