Australians who own property in three capital cities have likely “earned more” from rising dwelling valued compared to their yearly salary.
Fresh figures released by Proptrack show house prices nationally rose by another 0.6 per cent in October marking the tenth consecutive month of house price appreciation.
Dwelling values in Sydney have now grown by $91,600, Brisbane prices grew by $112,700, and Perth prices are up $100,400.
These three capitals beat the median full-time salary in Australia of $88,400.
Meanwhile prices in Adelaide appreciated by $82,600 and Darwin prices rose to $69,400, just short of outpacing salaries.
Prices in Melbourne, Canberra and Hobart lagged behind but still have grown by $44,400, $41,000 and $37,800 respectively.
House prices have risen every single mont

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