The Best of the Best in property for 2019

2019 will go down as the year when new records were set.

AustraliaFor 2020, we’re likely to see markets in recovery mode as housing prices catch up and then overtake their previous record highs, however we expect the rapid rate of capital gains seen over the second half of 2019 to lose steam as stock levels rise and affordability deteriorates.

In 2019 the housing market moved through the largest and longest correction on record, followed by a fast-paced rebound in values through the second half of the year.

Housing turnover fell to record lows in 2019, as did new advertised stock levels.

Interest rates reduced to levels previously unseen, while the concentration of investors in the market also plumbed to new depths.

National top performing regions 2019

A1

Here’s the Best of the Best 2019 highlights the top 10 regions (house & unit) nationally & across each of the capital cities based on the below criteria:

All data highlighted is current to November 2019 (Total value of sales to September 2019).

Highest median value

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Lowest median value

A3

Lowest median value within 10km of a capital city

A4

Greatest 12-month change

A5

Greatest 5-year change

A6

Sydney’s top performing property regions 2019

A12

A13

 

 

Melbourne’s top performing property regions – 2019

A10

A11

Brisbane’s top performing property regions 2019

A14

A15

Adelaide’s top performing regions 2019

A16

A17

Perth’s top performing regions 2019

A18

A19

Hobart’s top performing regions 2019

A20

A21

Canberra’s top performing regions 2019

A22

A23

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Tim Lawless

About

Tim heads up the Core Logic RP Data research and analytics team, analysing real estate markets, demographics and economic trends across Australia. Visit www.corelogic.com.au


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