Australian property prices rocket 1.1% in September

Monday 30 September 2019

CoreLogic’s dwelling price results have been released for September, which reveals a strong 1.1% increase in values recorded over the month at the 5-city level, driven by surging values across Sydney (1.7%) and Melbourne (1.7%):

It was the third consecutive monthly rise in home values at the 5-city level:

Over the September quarter, dwelling values rose by 2.3% across the major capitals:

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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.