Aussie property values surge 2% in November

Monday, 2 December 2019

CoreLogic’s dwelling price results have been released for November, which reveals a booming 2.0% increase in values over the month at the 5-city level, driven by surging values across Sydney (2.7%) and Melbourne (2.3%):

It was the fifth consecutive monthly acceleration in home values at the 5-city level:

Over the November quarter, dwelling values rose by 4.7% 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.