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Thursday, 2 January 2020

Home values up 4pc in Q4

Post-election strength

Home values increased in the fourth quarter of 2019, with gains led by Sydney (+6.2 per cent), Melbourne (+6.1 per cent) and Brisbane (+2.4 per cent). 

This was offset by a decline in Darwin.


Source: CoreLogic

The quarterly gain was the fastest in the 10 years since late 2009.

Add this to a monster year of gains for Aussie and international stocks, and this has pushed per capita household wealth to record highs in 2019. 

CoreLogic's report can be downloaded here.