Top 10 regions posting strong growth in dwelling values

By Emma Ryan 09 January 2020 | 1 minute read

New research has identified the top 10 subregions for annual change in dwelling values.

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CoreLogic has just released its new research, revealing the subregions that recorded the most growth when it comes to annual change 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 PerthPerth, TAS Perth, WA-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 MorningtonMornington, VIC Mornington, QLD Mornington, TAS Peninsula and Adelaide-West, both at -2.2 per cent. 

RELATED TERMS

Dwelling

A dwelling is a self-contained unit or a place of residence that accommodates occupants, such as a house, apartment, condominium, or other substantial structure.

About the author

Emma Ryan

Emma Ryan

Emma Ryan is the deputy head of content at Momentum Media.

Emma has worked for Momentum Media since 2015, and has since been responsible for breaking some of the biggest stories in corporate Australia, including across the legal, mortgages, real estate and wealth industries. In addition, Emma has launched several additional sub-brands and events, driven by a passion to deliver quality and timely content to audiences through multiple platforms.

Email Emma on: [email protected]Read more



Top 10 regions posting strong growth in dwelling values
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