The surprising effect on house prices of building 1000 new apartments
New research released by the e61 Institute shows that Sydney suburbs with over 1,000 new apartments saw a 91 percent rise in median detached house prices from 2012 to 2017. This contrasts with a 69 percent increase in areas with fewer than 100 new apartments. Experts emphasize the need for diverse housing types to address affordability issues.
Summary by OZbrief Editorial · SMH · Source
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Published 23 Jun 2026, 20:00 UTC · Updated 23 Jun 2026, 20:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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