Perth, Brisbane propel national property prices to fastest gains in over a year
Property price growth around Australia is gathering momentum, with the large mismatch between listings and demand propelling prices ever higher.
The Australian property market is off and running, driven by strong gains in the capital cities (Image source: Doolmsch/Shutterstock.com)
The Australian property market is seemingly irrepressible.
In the face of affordability constraints that have seen the Australia’s property market become the sixth most expensive in the world
, August delivered the fastest pace of real estate price growth since May 2024.Cotality’s national Home Value Index (HVI) rose 0.7 per cent over the past month, on the back of muted listings of homes for sale. Advertised supply levels remain about 20 per c…
