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July 17, 2014

July Perth Property Report

With the financial year concluding it’s a good time to review the highs and lows for the Perth and national property market over the past 12 months. The national market finished the year with dwelling values rising by 10.1% for the period. This was largely driven by Sydney’s capital gains of 15.4% and was the only city to have achieved double digit growth. Meanwhile in Perth, house values increased by 5.0% over the past year compared to an 8.9% rise in unit values resulting in overall growth of 5.2% in the market. The three months to June saw dwelling values fall for the …

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