February Perth Property Report
To January 2014 Perth recorded an annual increase of 6.9% for dwelling values, this was lower than the capital city average of 9.8%. Only Sydney (13.4%) and Melbourne (11.9%) were higher while Hobart (-0.2%) was the only city to record negative growth. Over the last three months home values increased across all capital cities by an average of 2.7%. Perth recorded a change of 3.1% but interestingly Hobart (5.8%) had the greatest increase for the quarter despite a decline over the past year. Perth is one of only three cities where the home values are higher than their previous peak. …
