Domain has released its June quarter house price report, which recorded 5.8% growth in detached house prices at the national capital city level, with values up a whopping 18.8% year-on-year:
As shown above, all capitals recorded double-digit price growth in the 2020-21 Financial Years.
As expected, unit price growth was much weaker at only 6.7% nationally in the 2020-21 Financial Year:
According to Domain, six capital cities hit record price highs in the June quarter: Adelaide, Hobart, Brisbane, Canberra, Melbourne and Sydney.
Here’s how Domain’s price results compare to CoreLogic’s:
Both indexes are turbo-charged.