Australian Property Price Rises November 2018

Australian Property Price Movements for the Year to Nov 2018.

Hobart had the largest property price rise for the last 12 months of 9.3%. This took the median price up to $451,039 from $445,655 in October 2018.

This was followed by Canberra with a rise of 4.0%, taking the median price to $596,141 from $589,415 in October 2018.

Adelaide was the third largest rise at 1.4%, with a new median price of $433,464 from $431,554 in October 2018.

Brisbane, with a 0.3% rise was fourth, with a new median price of $493,041 from $491,925 in October 2018.

However, Sydney, Melbourne, Perth and darwin all dropped in value, during the same 12 months.

Darwin dropped by 0.8%, with a new median price of $426,141, down from $433,818 in October 2018.


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Perth dropped by 4.2%, with a new median price of $448,336, down from $451,158 in October 2018..

Melbourne dropped by 5.8% to a median of $656,163, down from $665,044 in October 2018..

Sydney dropped by 8.1% to a new median of $821,438, down from $833,876 in October 2018..

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