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May 16, 2014

May Perth Property Report

Every capital city has had positive growth from the twelve months to April. In this time the combined capital city home values increased by 11.5%. Sydney (16.7%) and Melbourne (11.6%) have been the primary drivers for capital gains but Perth has also performed strongly and had the third biggest increase with 7.7%. The nation’s impressive growth is also reflected in the past three months. This period has also seen dwelling values shift higher across every capital city. Perth increased by 0.7 % which was lower than the combined capital city increase of 2.6%. Darwin was the standout having had 5.1% …

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