Sydney, Perth lead the charge as property market reaches turning point
National property prices have seemingly averted a widely tipped collapse, with the market stabilising over the past few months and rising again in April.
Sydney's exclusive and eastern suburbs have led the property price gains in the Harbour City. (Image source: Shutterstock.com)
The widely forecast property price crash appears unlikely to materialise, with dwelling values around the country stabilising or rising around the country.
Perth’s strong mining economy and Sydney’s high levels of migration have seen prices rise this month by 0.6 per cent and 1.3 per cent respectively, as Melbourne, (0.1 per cent), Brisbane (0.3 per cent), Adelaide
(0.2 per cent) all recorded price growth.Among the capital cities, only Darwin …
