Housing boom in 2021
Residential prices rose 23.7 per cent in 2021, with house prices rising at twice the pace of attached dwellings overall.
All capital city markets saw a strong performance in prices, with Hobart continuing as the top performer since 2003.
Brisbane house prices absolutely ripped last year, recording price growth of over 30 per cent in 2021.
Sydney was also a strong performer over the year.
Melbourne recorded solid results, despite all of the well-documented disruptions and restrictions.
The total value of Australia's dwelling stock rose to $9.9 trillion on the preliminary estimates, rising by over $2 trillion across the calendar year.
Clearly it was a big year across the capital cities, with many regional markets also outperforming.
