Average House Prices - strong growth Sydney & Melbourne...

An average house in Sydney now costs $606,800, up from $554,800 in December, equivalent to growth of 9.4%. 

The median Melbourne price has increased from $443,800 to $499,800, an increase of 12.6%. 

In Brisbane the median price declined by 1.3% in September. This is a great indication that now is a good time to buy in Queensland before investors start moving back to Queensland which will happen when the price parity between the cities becomes significant.