Australia's best to worst property markets in 2016: CoreLogic

Australia's best to worst property markets in 2016: CoreLogic
Australia's best to worst property markets in 2016: CoreLogic

Sydney houses had the highest property growth year-to-date for December 2016, according to CoreLogic's latest report.

The property data firm says that Sydney houses growth increased by 16.7%.

Melbourne houses came second with 15.1% while Hobart houses trailed behind with 11.7%

Capital cities – Property type

2016 growth

Sydney – Houses

16.7%

Melbourne – Houses

15.1%

Hobart – Houses

11.7%

Canberra - Houses

9.6%

Sydney – Units

9.6%

Hobart – Units

6.7%

Darwin – Units

5.7%

Canberra - Units

5.1%

Brisbane Gold Coast - Houses

4.6%

Adelaide – Houses

4.5%

Brisbane – Houses

4.0%

Brisbane Gold Coast Units

2.3%

Melbourne – Units

1.7%

Adelaide – Units

1.1%

Darwin – Houses

-0.2%

Brisbane – Units

-0.2%

Perth - Units

-3.2%

Perth- Houses

-4.4%

Perth sits at the bottom of the chart for both units and houses with a decline of growth by 3.2% and 4.4% respectively.

Tags: 
Home Value Corelogic

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