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Which cities delivered highest property price growth over 20 years?

There were plenty of surprises in the list of capital cities' property price growth over the past two decades, with Sydney, Melbourne and Brisbane lagging behind some of their smaller national counterparts.

Aerial view of Hobart and harbour.
Hobart was the star performer in terms of property price growth over the past two decades 'by a country mile'. (Image source: Shutterstock.com)

If you bought property 20 years ago, chances are you made the greatest gains if you bought in some of the nation’s smaller capital cities.

Much has been made of the skyrocketing real estate prices in Sydney but in terms of percentage increases in median prices over the past two decades the Harbour City only outperformed Perth and Darwin.

Property Investment Professionals of Australia (PIPA) board member and University of Adelaide property acade…

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