Property Growth Despite Mediocre Results For September

Three capital cities posted a property value growth despite flat results for the month of September, finishing at a 0.1% value increase according to RP Data.

Five capital city values fell, with the exception of three capital cities led by Adelaide, which finished at a 0.9% increase, followed by Sydney and Brisbane at 0.8% and 0.7% respectively. Despite the poor performance for September, capital city values are still 9.3% higher than the same time last year.

Capital gains for the quarter are still impressive, with Sydney leading all capital cities at a 4.1% gain, followed by Melbourne at 3.7%

Read more about this on the Property Wire website.

Author: Dorian Traill

Dorian Traill is the current Director of Grand Capital Finance Group and Fountain Property Group. He specialize in home loans for people as well as helping them build wealth through quality investment properties that ultimately lead to long term financial freedom.

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