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Capital city housing prices have risen 0.5 per cent in October, to be up by 7.5 per cent from a year earlier.

The figures from property market analysis firm CoreLogic on Tuesday also show that the gains have come despite rental yields – rents as a proportion of property value – being at record lows in major markets.

“High values, low yields and a mature growth cycle haven’t been enough to deter investors from the market,” CoreLogic research director Tim Lawless said.

Latest figures show Sydney is the most expensive city for median home prices in October, while all property values in the NSW capital also showed the biggest jump in the nation.

  • Sydney: $800,000. Avg annual change in home values +10.6 per cent
  • Melbourne: $600,000 (home values +9.1 per cent)
  • Brisbane: $470,000 (home values +4.1 per cent)
  • Adelaide: $415,000 (home values +2.5 per cent)
  • Perth: $482,000 (home values -3.7 per cent)
  • Hobart: $343,500 (home values +5.0 per cent)
  • Darwin: $465,500 (home values -3.8 per cent)
  • Canberra: $568,000 (home values +7.9 per cent)
  • Combined capitals: $585,000 (home values +7.5 per cent)
  • Rest of state/territory: (September) $365,000 (home values +1.1 per cent)
 
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