Prices Rise in 5 Capital Cities




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Summary: Prices rose in five of the eight capital cities in 2018, according to the latest figures from CoreLogic. The growth was led by Hobart, where the Home Value Index grew 8.3% last year. Darwin was up 3.7%, Canberra 3.6% and Adelaide and Brisbane were up by about 1% in annual terms. The capital city average was a decline of 6.7%, according to these figures, weighed down by a 10% fall in Sydney and a 9% decrease in Melbourne. It’s important to note that other major research sources disagree with these figures