Property Boom - Australia

How Does Value Growth Over The Past Year Compare To The Previous Five Years?

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Over the 12 months to November 2017, six capital city sub-regions recorded value falls and all of these regions were located in Perth or Darwin.  While only six of these regions recorded annual value falls, 17 of these regions recorded value changes which were lower than at the same time a year ago.  Of the regions which have recorded a lower rate of value growth compared to the previous year, 7 are in Sydney, 2 are in Melbourne, 4 are in Brisbane and there are 2 each in Adelaide and Perth. Given this, more than half of the regions in each capital city except Adelaide have recorded stronger annual value growth this year compared to last.

(Source: CoreLogic )