Let’s have a look at how Australia’s property markets are performing…
Last month we saw a bounce in dwelling values with the RP Data Rismark Index posting a solid 1.9% gain over the month of June following a 1.7% drop over the combined months of April and May.
The latest June data takes the quarterly growth rate to just 0.2% after the March quarter posted a seasonally strong 2.8% increase.
Dwelling values are now 3.8% higher over the 2012/13 financial year. As a comparison, capital city home values fell by -3.6% over the 2011/12 financial year.
Subscribe & don’t miss a single episode of Michael Yardney’s podcast
Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.
Need help listening to Michael Yardney’s podcast from your phone or tablet?
We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.
Prefer to subscribe via email?
Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.