The PropTrack Home Price Index for February 2024^ shows Sydney home prices lifted 0.55% in February to reach a fresh peak, with the median home value currently sitting at $1,053,000.
Buyer demand kept up with a rise in new listings as the summer selling season ended. The pace of home price growth, which had slowed through the holiday period, reaccelerated – with Sydney prices rising 1.0% year to date.
In regional NSW, home values rose 0.24% in February, to reach the current median value of $713,000.
^https://www.proptrack.com.au/home-price-index/