CoreLogic reports that Australia’s inner-city apartment market is beginning to experience value growth; albeit still far weaker than for detached houses.
According to CoreLogic, only five out of 59 inner-city apartment markets recorded a decline in value over the month of April, with only 17 recording annual value declines:
“This suggests most unit markets are now stabilising, or in an upswing phase,” said Eliza Owen, CoreLogic Australia head of research.
