The middle market is recording the strongest capital growth.
Over the 12 months to January 2015, the middle 50 per cent of capital city suburbs recorded the strongest increase in values, while the most affordable 25 per cent of capital city suburbs recorded the lowest value growth.
Each of the three market segments analysed have recorded growth over the past year.
The growth has generally been similar across each segment.
The most affordable 25 per cent of capital city suburbs recorded a value increase of 7.3 per cent compared to an 8.8 per cent rise across the middle 50 per cent of suburbs and a 7.9 per cent lift in values across the most expensive 25 per cent of capital city suburbs.
The data indicates that the market, at least from a macro perspective, is experiencing broad-based value growth across the price segments.
Further to that, it is the more standard stock, not the most expensive areas and not the most affordable areas, which are recording strongest demand and subsequently, the highest rate of growth.
Source: Corelogic Capital Markets Report
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