Melbourne house price growth strongest in country: Residex

Melbourne house price growth strongest in country: Residex
Melbourne house price growth strongest in country: Residex

Melbourne houses had the strongest September price growth, according to the Residex non-revised median values chart.

These figures suggest the Australian house market grew 1.63% in September, off the back of a slight decline in August. 

Sydney units had the highest mainland growth in the month of September. 

Table 1: September 2016 Median Value Index

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Melbourne house price growth strongest in country: Residex

 

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Melbourne house price growth strongest in country: Residex

Source: Residex

Residex suggests the monthly figures are relatively volatile, with annual growth showing a more distinct trend.

Tags: 
Melbourne House Price

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