December property report

With 2014 almost at end we thought that this month’s property could be used to give an idea about what lies ahead in 2015. Across the country in November capital city home values fell by -0.3%, but grew by 0.8% for the past three months and 8.5% over the past year. Only Sydney (1.0%), Brisbane(0.4%), Perth (0.9%) and Hobart (0.2%) recorded value rises for the month. The big loser was Melbourne which fell by 2.6% for November. However, capital city home values rose in each capital city over the past year. The greatest increases were recorded in Sydney (13.2%), Melbourne (8.3%), Brisbane …


