Perth Property Report December 2013

Over the past 12 months Perth has recorded an 8.9% increase in home values. This is above the capital city average of 8.0% and is second behind Sydney, 12.5%, for the highest growth. Hobart was the only capital to have had a decrease in home value change with -1.4%. In the three months to November Perth home values rose by 2.5% which was lower than the 3.0% average. However this is inflated by Sydney’s impressive 5.8% rise and is the only city higher than the average. Compared to it’s previous peak Perth experienced a 2.3% increase in home values, the …