Home values finished the year strong with a rise in December.
The CoreLogic RP Data Home Value Index
has seen dwelling values rise by 0.9% in December across the combined capitals.
The result took 2014’s annual increase in home values to 7.9%.
Prices rose in all capital cities except for Darwin
and Canberra, which each saw values decline 0.6%.
Sydney, which drove price appreciation for much of 2014, was unchanged in December.
For the three months to December, Perth
was the best performing capital city, with prices rising 2.8%.
Canberra was weakest, as home values fell 3.4%.
On an annualised basis, Sydney once again led the way.
Values in Sydney rose 12.4% over 2014.
Canberra was the only capital city which saw a year-on-year decline, with values edging down 0.6%.
Can you afford to buy in this suburb? Find out how much you can borrow
Top Suburbs :
st kilda west
tweed heads south
Get help with your investment property
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus and appointment is free.
We value your privacy and treat all your information seriously - you can check out