Australia property market
High-rise switch sends apartment prices flying in these suburbs Sarah Petty Property reporter Updated Jun 11, 2025 - 2.14pm, first published at 1.01pm Gift this article
Key takeaways Apartments are currently driving value growth in the Australian property market , with new-build apartment prices projected to rise by 23% by 2026 due to a significant supply shortage. New apartments are commanding substantial premiums over older stock due to better amenities like security, gardens, and gyms. The premium is 16% for one-bedroom, 30% for two-bedroom, and 45% for ...
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