Bad news for Aussie house prices

Interesting and accurate statistics – sadly, consistent with our own observations and our experiences in dealing with property transactions.

On one hand, houses and house prices are going through the roof, but on the other hand, apartment prices and rentals are struggling with vacancies increasing.

#houses #apartments #property #realestate #rent #auctions
Property markets are hot. I was at an auction the other day where the place sold for $375,000 over the top of the advertised range.