Sydney house prices soar to record median of $1.3m after fastest quarterly rise in 28 years

Sydney house prices have soared to a record-breaking $1,309,195, rising more than $100,000 in the first three months of this year, new figures reveal, the fastest quarterly gain in almost 30 years.

The median house price jumped 8.5 per cent in the first quarter of 2021, according to the latest Domain House Price Report released on Thursday. It is the fastest quarterly growth since Domain records began in 1993.

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