Australian home values finish 2013 9.8 per cent higher

National Media Release
RP Data-Rismark December Hedonic Home Value Index Results
Released: Thursday, January 2, 2014

See Full Report As A PDF:
RP_Data_Rismark_Home_Value_Index_2_January_2014MediaRelease.pdf

Home values finish 2013 calendar year 9.8 per cent higher

Dwelling values across Australia’s capital cities increased by 1.4 per cent in December and by 2.8 per cent over the final quarter of 2013.

Highlights over the three months to December 2013
• Best performing capital city: Sydney +4.1 per cent
• Weakest performing capital city: Canberra, -1.3 per cent
• Highest rental yields: Darwin houses with gross rental yield of 6.0 per cent and Darwin Units at 6.2 per cent
• Lowest rental yields: Melbourne houses with gross rental yield of 3.4 per cent and Melbourne units at 4.2 per cent
• Most expensive city: Sydney with a median dwelling price of $655,250
• Most affordable city: Hobart with a median dwelling price of $330,000

ENDS

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