The median price for a fully detached house in Sydney rose 3.6% to $914,000 in the first quarter of 2015 and could reach $1 million by year’s end according to Domain. In the past year home prices in Sydney have enjoyed double digit growth (14.2%), twice the pace of Melbourne (7.4%). REINSW president Malcolm Gunning is calling on the NSW government to take action to make housing more affordable and slow price rises. “It is time for the NSW government to provide a solution in the form of the removal of property taxes,” he said.