Australian property market approaches $12 trillion as national price momentum builds.
The Australian residential property market has recently reached a significant valuation milestone, underpinning Australia’s wealth. According to Cotality’s October Monthly Housing Chart Pack, the total value of residential real estate has climbed to $11.8 trillion for the first time, reflecting an increase of $678 billion over the past 12 months. Cotality’s Head of Research, Eliza Owen, highlighted that this $11.8 trillion figure demonstrates the clear … Continue reading Australian property market approaches $12 trillion as national price momentum builds.