Residential property prices in major Australian cities have increased by almost 20% in the last 12 months, according to the latest figures to be released. Â The data from the Australian Bureau of Statistics shows average quarterly growth to June of 3.1% and an annual increase of 18.4%.
The data shows growth of almost double that of the private sector RP Data/Rismark index released last week which showed national city dwelling values up 10.5% in the same period.
In Melbourne house prices increased more than 24% in the last year while in Sydney they rose 21%, according to the ABC figures. Canberra saw a 19.6% price increase, Darwin 14.6%, Perth 13%, Adelaide 11.l6%, Hobart 10.8% and Brisbane 8.5%.
READ MORE http://odessa.emp-marketing.com/link/4001d4deb84960a46967e0676a1917081e1f4f1e665cdca813f84b0890f409f6d33becd29da7580ea1e80650579e467b.ask
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment