Brisbane to be the Standout Performer as Market Slows in 2015
by John Edwards
Founder of Residex Pty Ltd and Consultant to Onthehouse.com.au.
It has generally been a better year for our housing markets with Australia wide house price growth being some 2.64 per cent better than last year and unit, or medium density, prices having increased by 2.37 per cent more than achieved in the prior 12 months.
In Table 1, we provide the growth rates for our markets as at the end of November 2014. This table shows Sydney was the major growth winner in 2014. Melbourne produced a lower, but very acceptable, level of growth.