2014 was a positive year for the Australian property market with RP Data’s Core Logic Hedonic Home Value Index reporting 7.9% growth overall; contributing to a new national median house price of $575,000.
But which capital city topped the results for most capital growth?
The results are in:
#8 Canberra -0.6%
#7 Darwin +1.6%
#6 Perth +2.1%
#5 Hobart +3.5%
#4 Adelaide +4.3%
#3 Brisbane +4.8%
#2 Melbourne +7.6%
#1 The top spot for 2014 goes to Sydney with values increasing by a staggering 12.4%