Sydney and Melbourne lead early stages of housing recovery as dwelling values rise nationally over September
CoreLogic's September Home Value Index results saw the national index post the largest monthly gain since March 2017, largely driven by a strong rebound in Sydney and Melbourne where values were up 1.7 per cent over the month.
National dwelling values increase for the first time since October 2017
The CoreLogic August Home Value Index results showed the recovery in housing values accelerated in August 2019 with national dwelling values increasing by 0.8 per cent over the month
Value of property prices in Sydney are expected to rise by 2 per cent and in Melbourne, unit prices will grow from 0 to 2 per cent and house prices will increase from 1 to 3 per cent, according to Dream Design Property (DDP).
Byron Bay steals Sydney's mantle as most expensive place to live
Sydney has lost its mantle as having Australia’s most expensive median house price to a location that is home to just 34,000 people, according to Propertyology.
