CoreLogic has revealed that property prices in every Australian capital city rose throughout January, taking many of the cities close to their previous peaks. Across the country, we have seen the fastest growth in Australian property prices since December 2017. Throughout the major cities, Sydney and Melbourne were the market leaders, experiencing sharp rebounds, and even Perth showed some signs of life rise 0.4% for the quarter through to January 2020.

Outlined in the following diagram is the capital city property prices relative to their previous highs that were achieved.

Australian Property Prices Since Peak - Loansuite - Australian Expat Mortgage Brokers

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LoanSuite Pty Ltd is your lending partner for all of your home loan, investment property, business and commercial financing needs. With our wide range of lending solutions, expertise in financial planning and investment strategies, and extensive experience in working with both Australian residents and Australian expats, we are your partners for your lending needs.

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LoanSuite Pty Ltd is an Authorised Credit Representative (Credit Representative Number – 494608) of My Local Broker (Australian Credit License – 481374). Important Disclaimer: Your complete financial situation will need to be assessed before acceptance of any proposal or product.

 

 

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