Sydney price growth stalls to be the weakest capital city: CoreLogic RP Data

Sydney price growth stalls to be the weakest capital city: CoreLogic RP Data
Sydney price growth stalls to be the weakest capital city: CoreLogic RP Data

CoreLogic's Home Value Index shows Sydney ranked as the weakest capital city - the only with negative growth in the three months to February.

Sydney dropped 0.2 percent over the quarter.

The next weakest city was Perth which improved by 0.2 percent over the quarter, but with a weak February.

Sydney did pick up a tad in the month of February, according to the latest CoreLogic RP Data release.

It still holds the highest median dwelling price with $730,000, ahead of Melbourne's $550,000.

Hobart was the best performing capital city with a dwelling value increase of 8.5 percent.

 

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Sydney price growth stalls to be the weakest capital city: CoreLogic RP Data 

 

 

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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Capital Growth Home Value

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