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It's not really that the times are changing it has been like that for a long time in new subdivisions because 3/4 of houses are double storey there ends up being more demand for good single stories as time goes on. Where I live a 25 square single storey home 5-10 years old will sell for the same...

There was auctions on Anzac day?

I hope so but I think it is different these days. The internet has sped up the way the cycle moves. Prices in area like the central coast and Newcastle pretty much are increasing in line with Sydney where as the last boom and before that the ripples moved slower. Hey, I hope you are right...

The last boom (early 2000's) was bigger and more wide spread than this I reckon. Prices literally doubled in most suburbs. Not seeing that this time, seems to be mostly 20-50% increases over a couple of years. I have a regional NSW property I picked up back then. Last time the area doubled in...

That is the median for properties that went to auction. Not the median overall.

Auction clearance rate 86%. Median 1,057,500. No sign of slowing down.

daaaattttt loan top up

If they cut rates again next week i might have to seriously consider throwing all my Sydney stuff on the market! Lol! :cool::D:D

You can't deny it has increased though over the last 30 years much higher than wages. Especially in in the major cities. It's good if you are holding and in the cycle. Not so good if you are not.