Knight Frank (KF) noted that its index for prime residential property (i.e. the top 5% in terms of traded prices) in Sydney rose by 12.5% y-o-y in 2Q15. The index had risen by 8.4% since the beginning of 2015 and by 5.8%  in 2Q15 alone. Sydney’s y-o-y rise was the third largest of the 35 cities for which KF published data. Sydney appeared in 14^th place in KF’s ranking of the 40 most important cities for UNHWIs worldwide in 2015, which appeared in its Global Cities survey early this year.

Source : August 2015/KF/Sydney/RES