Property prices make biggest monthly gains in two years
In dollar terms, the rise in property prices in the September quarter was equivalent to an $18,215 increase in the median dwelling value.
The Adelaide property market is shining bright, along with the other capital city markets around Australia. (Image source: Myphotobank/Shutterstock.com)
Ahead of an expected wave of first home buyers entering the market, property prices have already reignited.
September’s 0.8 per cent dwelling value gains were the biggest rise in median prices since October 2023, according to Cotality data released Wednesday (1 October).
Darwin is in major boom territory with its 1.7 per cent leap over the course of the past month, while all other capitals rose sharply with regional prices
not far behind.Hist…
