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Property prices tipped to hit record levels in two-speed market

Property price growth is forecast to hit record median dwelling value levels in a majority of property markets around the country, but that anticipated rate of growth varies significantly.

Fast-slow sign against backdrop of cityscape at night.
As listings and recent price data highlight, a growing divide is emerging in the Australian property market. (Image source: Shutterstock.com)

The Australian Taxation Office this week revealed the country’s top 10 occupations by income and aspiring home owners might want to consider one of those careers if they want to keep up with the property market.

Real estate technology specialists Domain on Thursday (20 June) released property price forecasts for the coming 12 months, with 7 (and possibly 8) of the 11 regions nationally expected to hit record price levels.

The price boom is expe…

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