Highlights in the Property Market for 3 months to January 2014

Yesterday RP Data released data over 3 months up to January 2014.

You will find some surprising figures below.

• Best performing capital city: Hobart, 7.9 per cent
• Weakest performing capital city: Darwin, -1.2 per cent
• Highest rental yields: Darwin houses with gross rental yield of 6.1 per cent andDarwin units at 6.0 per cent
• Lowest rental yields: Melbourne houses with gross rental yield of 3.4 per cent andMelbourne units at 4.2 per cent
• Most expensive city: Sydney with a median dwelling price of $610,000
• Most affordable city: Hobart with a median dwelling price of $325,000