Australia's city house prices up 11 per cent in 12 months

Posted by Simon Dehne on October 6, 2015 in Latest News with No Comments

australia_property_marketCapital city home values have grown 0.9 per cent, led by a 2.4 per cent surge in Melbourne.

September’s rise in home values, reported by CoreLogic RP Data, pushed the annual rate of home price inflation to 11 per cent across the eight state and territory capitals.

That is up from 10.2 per cent in the year to August.

Sydney and Melbourne are still the drivers of that growth, with prices up 16.7 per cent in Sydney and 14.2 per cent in Melbourne, and a big step down to 4.6 per cent in Brisbane and 0.6 per cent in Canberra.

Read more.

« previous post

Canadian house price rise outs...

canadaThe year-over-year rise in the price of Canada's housing in the second quarter of 2015 is ...

next post »

Real estate industry Pain and ....

Money in WA - Map of AU in CoinsIT’S the great Australian property myth. When it comes to real estate prices, the only w...

Leave a Reply

No trackbacks yet.

No post with similar tags yet.

Posts in similar categories

QUICK START Compare Home Loans

I am looking to buy a ...
I need to get a loan for ...
The type of interest rate I require is ...
My timeframe to buy or refinance is ...
Compare Investment Mortgages

Interest Rates in Australia

RBA Cash Rate:


Next RBA meeting:


Last months RBA Decision

- 0.00

RBA Rate Change last 12 mths:


Current & Past News Updates