CoreLogic: Rental yields rise as dwelling values fall

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By Leith van Onselen

Following on from this morning’s on CoreLogic’s daily dwelling values index results for May, CoreLogic has released its full results, which also cover the smaller capitals and regional areas (see next table).

As shown above, the smaller capitals and the regions had a mixed month, with Hobart (+0.8%) and the regions (+0.2%) recording rises in values, nut Darwin (-0.2%) and Canberra (-0.1%) recording falls.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.