SINCE 1997

Latest Rental Demand News

Property values rising but houses outpacing units

The disparity between Australia’s house and unit values reached an all-time high in January.

Row of detached bungalow homes in the residential suburb of St Kilda in Melbourne with a white picket fence and a blue sky background.
House prices continue to outpace units in most - but not all - Australian markets.

The disparity between Australia’s house and unit values reached an all-time high in January, despite double-digit annual growth rates for both houses and units.

CoreLogic’s new monthly Unit Market Update shows units recorded an annual growth rate of 14.3 per cent in the 12 months to January while house values rose 24.8 per cent over the same period.

When combined, it’s Australia’s highest annual dwelling growth rate since 1989, but with a house…