Australian Property Price Movements for the Year to Oct 2018.
Hobart had the largest property price rise for the last 12 months of 15.2%. This took the median price up to $445,655.
This was followed by Canberra with a rise of 9%, taking the median price to $589,415.
Adelaide was the third largest rise at 6.3%, with a new median price of $431,554.
Brisbane, with a 4.2% rise was fourth, with a new median price of $491,925.
Darwin, with a 2.5% rise, and a median price of $433,818, was the fifth capital city with increased property price in the year.
Perth, with a rise of only 0.5% was the sixth, with a median price of $451,158.
However, Sydney and Melbourne both dropped in value, during the same 12 months.
Sydney dropped by 4.2% to a new median of $833,876.
Melbourne dropped by 1.4% to a median of $665,044.
Combining all Capital and Regional areas, the overall change to property prices was a rise of 0.2%.