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Property prices continue their upward march

National property prices had a 0.8 per cent rise in September as the recovery trend moved through an eighth consecutive month of capital growth.

View of Adelaide with park in foreground.
Adelaide is leading the country for property price growth on a quarterly and monthly basis but has it reached its peak? (Image source: Shutterstock.com)

Property owners around Australia have enjoyed an eighth successive month of property price rises.

With the exception of Hobart, every capital city and the nation’s regional property markets all enjoyed strong growth in September.

City markets outperformed regional areas, notching up growth of 0.9 per cent compared to 0.4 per cent for regional areas.

The national Home Value Index (HVI) is now just 1.3 per cent below record highs recorded in Apr…

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