CoreLogic RP Data November Hedonic Home Value Index Results

Monday 1st Dec 2014

Home value growth rate continues to moderate

The  November CoreLogic RP Data Home Value Index recorded a -0.3% fall in values across the combined capital cities in November while the annual rate of growth continues to moderate.

Highlights over the three months to November 2014:

  • Best performing capital city: Sydney +3.1 per cent
  • Weakest performing capital city: Hobart, -2.4 percent
  • Highest rental yields: Darwin houses with gross rental yield of 6.0 per cent and
    Darwin Units at 5.9 per cent
  • Lowest rental yields: Melbourne houses with gross rental yield of 3.3

    per cent and Melbourne unitsat 4.2 per cent
  • Most expensive city: Sydney with a median dwelling price
    of $705,000
  • Most affordable city: Hobart  with a median dwelling price

    of $315,000