Tuesday, November 11, 2014

WA Second Most Expensive, Slowing House Prices

Over the last three months, Perth has gone slightly backwards in the price of homes with a -0.1% growth. This has contributed to a year on year price increase of 3.7%. The national average increase in the last year was 9.1% with Sydney steaming ahead in the last quarter with 2.7% growth and a whopping 14.7% over the last year.

Perth's average house price still sits at second in the nation with an average house price of $588,700, second only to Sydney's $681,900.


Region Quarterly Year-on-year Avg. price $ (whole of state)
Sydney 2.7% 14.8%  $              $681,900
Melbourne 1.0% 6.9%  $              $564,800
Brisbane 1.0% 6.7%  $              $457,600
Adelaide 1.0% 5.6%  $              $404,600
Perth -0.1% 3.7%  $              $588,700
Hobart 1.0% 4.3%  $              $312,000
Darwin 0.3% 3.4%  $              $521,700
Canberra 0.3% 2.4%  $              $571,000
National avg. 1.5% 9.1%  $              $563,100

No comments:

Quick Poll: Are you currently

Most Read Posts