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Sydney property prices have surged $8,000 in recent weeks, with the median house price reaching $1.6 million and apartments nearing $900,000. Mount Druitt leads price growth at 9% over 12 months, followed by Marrickville, St Marys, Merrylands, Bankstown and Penrith. Critics debate whether the federal government's 5% deposit guarantee scheme is contributing to price rises in traditionally affordable areas. Subscribe and set 🔔 » https://7news.link/YTSubscribe | For the latest Australian news and breaking news alerts, connect with 7NEWS online: Visit » https://7news.com.au 7Plus » https://7plus.com.au/ 7NEWS Podcast » https://open.spotify.com/user/dm9fk9h... Facebook » / 7newsaustralia TikTok » / 7newsaustralia Instagram » / 7newsaustralia X » https://x.com/7NewsAustralia 7NEWS combines the trusted and powerful news brands including Sunrise, The Morning Show, Spotlight and 7NEWS.com.au, delivering unique, engaging and continuous coverage on the issues that matter most to Australians. Watch 7 News Australia full broadcasts and full episodes at 6pm and weekdays at 12pm and 4pm on Channel 7 and 7plus. #BREAKINGNEWS #7NEWS