Australia’s capital cities have seen their house prices rise during September, according to the RP Data Rismark Home Value Index. The survey revealed the average cost of purchasing a capital city dwelling was up for the fourth successive month, with the latest overall increase being 1.4 per cent.
Adelaide performed best with a 2.4 per cent hike, while Perth’s prices climbed 1.6 per cent, Sydney’s 1.5 per cent, Melbourne’s 1.4 per cent and Brisbane’s 1.1 per cent. On a quarterly basis, capital values rose two per cent on average, although they declined in Perth and Hobart………………………………………..Full Article: Source