"Melbourne’s median house price has broken the $700,000 barrier for the first time amid a cool change in the market.
The new median – $707,415 – follows a solid September quarter in which house prices jumped 2.8 per cent, according to the Domain Group House Price Report released on Thursday.
The quarterly increase brings the year-on-year growth to 15.6 per cent, or $95,220, the highest annual result since June 2010."
