National Media Release  

CoreLogic RP Data December 2014 Hedonic Home Value Index Results

Released: Friday, January 2, 2015 - EMBARGOED UNTIL 10AM ADEST

Capital city home values rise by 7.9% in 2014

The December 2014 results of the CoreLogic RP Data Home Value Index saw combined capital city home values rise by 0.9% over the month to take the annual increase to 7.9%. 

The CoreLogic RP Data Home Value Index showed that dwelling values across the combined capital cities increased by 0.9 per cent in December 2014.  Throughout the month home values rose in all cities except for Darwin (-0.6%) and Canberra (-0.6%) while values were unchanged in Sydney.

December Home Value Indices Release

Best performing capital city:

​Perth +2.8 per cent

Weakest performing capital city: 

​​Canberra 

-3.4 per cent

Highest rental yields: 

Darwin houses 

with gross rental yield of 5.9 per cent and Darwin Units at 5.8 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 $730,500

Most affordable city: Hobart  with a median dwelling price of $341,500