If the current rate of growth continues, Melbourne will be at another peak as of January next year.
Brisbane and Sydney are both on track to recover their own in the months following.
Nationally, property values would be back in just six months, marking a huge turnaround from the start of this year, when they were still declining.
Property prices are soaring in Australia like it’s 2015.
That may be welcome news for investors, but it’s bound to startle wannabe first home buyers. Not least of which because at this rate, prices look set to hit new heights in the first half of next year.
