Darwin has shown unexpected growth in RP Data's Home Value Index for July, rising 3.6%.
Meanwhile, Adelaide fell by 2.3%, making it the weakest-performing capital city.
Sydney remains the country's most expensive city to buy a property, while Hobart is the cheapest.
RP Data's results are increasingly anticipated in the industry, after last month's results - which showed a sudden spike in value in Hobart - caused serious debate in the industry.
At the time, RP Data's competitor, SQM, questioned its methodology and disputed claims of a growth in capital cities, particularly Melbourne.
Tim Lawless, RP Data's research director, said July's results were "not as broad-based as the June results."
“The month-on-month increase [is] primarily being associated with the Sydney and Melbourne markets where dwelling values rose 1.2 per cent and 1.4 per cent respectively."
"The July result, when viewed together with the positive June result, suggests housing markets may be starting to respond to lower mortgage rates, which according to the RBA’s latest Board meeting minutes are around 50 basis points below their 15-year average,” he said.
Can you afford to buy in this suburb? Find out how much you can borrow
Top Suburbs :
Get help financing your investment
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 expert 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, our mortgage broking service is at no cost to you.
We value your privacy and treat all your information seriously - you can check out