I help everyday Aussies quickly build an asset base that pays them $2k per week or more in passive income, pays their home off up to 3x faster & saves them thousands in tax each year!
Australian property values are continuing to rise.
Australian property prices continue to rise, though growth has slowed over the past month. CoreLogic’s latest Hedonic Index reveals national values increased by 0.3% in October, marking 21 consecutive months of growth since February 2023. Smaller capital cities are driving this growth, with Perth up 1.4% in October, Adelaide rising 1.1%, Hobart up 0.8%, and Brisbane increasing by 0.7%. Meanwhile, other major capital cities recorded minor declines in property values. CoreLogic’s research director, Tim Lawless, notes that more affordable markets are performing strongest. "A combination of less borrowing capacity and broader affordability challenges, as well as a higher-than-average share of investors and first home buyers in the market, is the most likely explanation for stronger conditions across the lower value cohorts of the market,” he explains. Lawless also points out that slower property growth has coincided with an increase in available listings.
