Along with the recovery from Covid-19 lockdown and restrictions, Sydney’s dwelling prices keep soaring from Oct 2020. Since a peak seen in March this year, although thing have begun to slow, it still shows a never-ending upward trends.

Looking at the figures in November, the dwelling price indicates a modest dip from the past few months. The median property price increased 0.9% in all dwellings, 1% in house and 0.7% in Units.

Comparing to other property types, house perform well in its value, and its growth has reached 30.4% over the year, while 25.8% growth in overall market and 15.2% growth in units respectively.

The average price of house in Sydney is $1.36 million when units is selling at $837,000 in average. The gap between units value and house value is approximately $500,000.

The price of a typical house in Sydney is now around $340,000 more expansive than its price in early 2021, while the price of units have achieved a gain of $105,000.