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Property prices have risen 32.5% since March 2020

Property prices have surged 32.5 per cent since the start of COVID four years ago, according to CoreLogic.

 

Prices increased the most over the past four years in Perth (53.8 per cent), followed by Adelaide (38.5 per cent), Brisbane (37 per cent) and Darwin (34.2 per cent).

 

Meanwhile Sydney values increased 28.6 per cent and Melbourne prices jumped 23 per cent.

 

Regional Australia has outpaced the capital cities, with values rising 35.2 per cent compared to 31.5 per cent for the city.

 

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