Largest House Price Rises in 2014

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CoreLogic RP Data have crunched the numbers to find out the biggest rises in housing prices around Australia.

And it turns out that the fastest rise, measured over the year to September, was in the Sydney suburb of Mays Hill where the median price of a house rose by a whopping 48.8 per cent.

Here are the median prices and annual rises for the fastest-rising suburbs in each of the state and territory capitals:

SYDNEY

  • Houses: Mays Hill $823,724 (+48.8pct)
  • Units: Winston Hills $450,840 (+41.5pct)

MELBOURNE

  • Houses: Ripponlea $1,086,013 (+32.1pct)
  • Units: South Kingsville $489,653 (+35.4pct)

BRISBANE

  • Houses: New Farm $1,258,989 (+24.0pct)
  • Units: Dutton Park $496,187 (+29.4pct)

ADELAIDE

  • Houses: Kingston Park $744,698 (+28.4pct)
  • Units:Henley Beach South $320,991 (+18.1pct)

PERTH

  • Houses: Alkimos $402,510 (+23.7pct)
  • Units:Noranda $456,454 (+27.6pct)

HOBART

  • Houses: Clifton Beach $427,682 (+18.2pct)
  • Units:West Hobart $366,001 (+10.6pct)

DARWIN

  • Houses: Johnston $529,622 (+29.9pct)
  • Units: Driver $383,209 (+13.1pct)

CANBERRA

  • Houses: Crace $470,005 (+24.3pct)
  • Units: Mawson $423,470 (+9.1pct)

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