Home Values Continue to Rise in Australia CoreLogic Jan 2017

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January 2017

 

The hedonic home value index released by CoreLogic (Australia’s leading property data and analytic company) has been released for January 2017, in summary:

  • Best performing capital city: Hobart +5.8%
  • Weakest performing capital city: Canberra +0.1%
  • Highest rental yields: Hobart & Canberra houses with gross rental yield of 5.0% and Hobart Units at 5.8%
  • Lowest rental yields: Melbourne houses with gross rental yield of 2.7% and Darwin units at 3.4%
  • Most expensive city: Sydney with a median dwelling price of $850,000
  • Most affordable city: Hobart with a median dwelling price of $366,000

For the full report on the above statistics click here