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Fear of paying too much for a house is replacing that fear of missing out as property prices surge to ridiculous levels, new research shows. In just six months, Sydney s median house prices has climbed by $129,400 as Australian home values soared at the fastest pace in 32 years. But in one beachside suburb of the nearby Central Coast, house prices surged by $575,000 or 68 per cent in one year. With property price records being set in more than two-thirds of Australia s housing sub markets, potential buyers are increasingly worried about being ripped off. Fear of paying too much for a house is replacing that fear of missing out as property prices surge to ridiculous levels, new research shows. Pictured is a Sydney auction

New south walesAustralian capital territoryCentral coastRichard whittenPhilip loweAustralian prudential regulation authorityNew south wales central coastReserve bankபுதியது தெற்கு வேல்ஸ்ஆஸ்திரேலிய மூலதனம் பிரதேசம்மைய கடற்கரைரிச்சர்ட் வெள்ளைபிலிப் குறைந்தஆஸ்திரேலிய விவேகமான ஒழுங்குமுறை அதிகாரம்புதியது தெற்கு வேல்ஸ் மைய கடற்கரைஇருப்பு வங்கி