New freight projects plan seeks to take 5,500 trucks off the roads around Melbourne every day. File photo by Reuters.
Australia’s most expensive property markets bounced back in January with Melbourne’s median house price pushing above $1 million for the first time and Sydney home values hitting another record high, The Age reported.
Brisbane continued to be the strongest city for house price growth with values up 2.5% over the first month of the year, the report said, citing CoreLogic data. On an annual basis, Brisbane’s median house price increased 32% to $809,813.
Read the full report: The Age.
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