Regional property surges past the capitals

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CoreLogic has released its full dwelling value results for December, which is summarised in the below table:

Nationally, dwelling values rose by 1.0% over December to be up 3.9% over Q4 and by 22.1% over the calendar year.

Australia’s regions led the price growth, growing 2.2% over the month, by 6.4% over Q4 and by 25.9% over the year.

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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.