Market Facts by Rounds Real Estate 2013

Rounds Real Estate - Treat every property as if it’s our own and our objective is to achieve a successful result for our clients!
CAMBERWELL, Australia - March 13, 2014 - PRLog -- • Australian home values wound up the 2013 calendar year 9.8% higher, the strongest rate of growth since August 2010.

• Sydney had the greatest growth in home values of all Australian capital cities throughout 2013, with home values increasing by 14.5%

• Melbourne dwelling values have increased by 8.5% in the last 12 months.

• Brisbane home values increased by 5.1% over the twelve months to December 2013.

• Adelaide home values have increased by 3.0% over the past year compared to a 0.6% increase in unit values.

• After a long cycle of underperforming, Perth home values have increased by 9.9% over the past year.

• Hobart home values have increased by 2.2% over the last 12 months.

• Median house prices: Perth $750,000, Brisbane $600,000, Darwin $600,000, Adelaide $510,000 Melbourne $495,000 and Hobart $420,000.

• Median unit prices: Sydney $646,000, Perth $570,000, Darwin $470,000, Brisbane $465,000, Hobart $410,000, Melbourne $399,000 and Adelaide $365,000.

• Median rent for units: Sydney $710p.w, Perth $600p.w, Brisbane $560p.w, Melbourne $450p.w, Adelaide $410p.w and Hobart $400p.w.

Colin Rounds

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