Adelaide’s median house value passes $1m, becoming fifth Australian capital where million-dollar homes the norm

Across Australia, home prices grew at slowest rate in two years and unit prices fell in March, Domain says

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Million-dollar houses are now the norm in five of Australia's capital cities, even as unaffordable costs and high interest rates saw home prices grow at their slowest rate in two years and unit prices fall.

Adelaide's median house value passed $1m in March to join its east coast counterparts and its apartment values hit record highs, as did those in Sydney and Brisbane, new data from Domain shows.

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