Top 10 regions posting strong growth in dwelling values

Melbourne-inner east took out the top spot, with dwelling values increasing 12.1 per cent, according to CoreLogic.

This was followed by Sydney-inner west and Sydney-Baulkham Hills and Hawkesbury, both at 8.8 per cent, Melbourne-inner at 8.0 per cent, Sydney-city and inner south at 7.7 per cent and Melbourne-inner south at 7.6 per cent.

Rounding out the top 10 for greatest change in annual dwelling value growth was Sydney-Ryde at 6.5 per cent and Sydney-Sutherland, Sydney-Eastern Suburbs and Sydney-Northern Beaches, all at 6.3 per cent.

On the opposite end, Mandurah and Darwin were the subregions identified as seeing the biggest decrease in dwelling values over the past year at -9.7 per cent.

This was followed by Perth-South West at -7.1 per cent, Perth-South East at -7.0 per cent, Perth-Inner at -6.9 per cent and Perth-North West at -6.3 per cent.

Next up was Perth-North East at -6.0 per cent, Central Coast at -3.4 per cent and Mornington Peninsula and Adelaide-West, both at -2.2 per cent.