Highlights in the Property Market for 3 months to January 2014

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

You will find some surprising figures below.

  • Best performing capital cityHobart, 7.9 per cent
  • Weakest performing capital cityDarwin, -1.2 per cent
  • Highest rental yieldsDarwin houses with gross rental yield of 6.1 per cent andDarwin units at 6.0 per cent
  • Lowest rental yieldsMelbourne houses with gross rental yield of 3.4 per cent andMelbourne units at 4.2 per cent
  • Most expensive citySydney with a median dwelling price of $610,000
  • Most affordable cityHobart with a median dwelling price of $325,000

 

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Jeff Suter

Managing Director at Dark Horse Financial
Jeff is a long term property investor and provides clients with both residential and commercial finance strategy for a living.

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