The CoreLogic RP Data Quarterly Review comprises a thorough breakdown of the activity across each of the capital cities over October 2014 quarter and also dives into the economic factors that contribute to the overall performance of the market.

Our Quarterly Review is one of our most popular in the suite of regular reports we deliver to the market. It comprises a thorough breakdown of the activity across each of the capital cities over October 2014 quarter  and also dives into the economic factors that contribute to the overall performance of the market.

Review Highlights:

  • The total value of residential property was $5.6 trillion at the end of October 2014
  • The total value of mortgages outstanding to Australian lenders at the end of September 2014 was $1.4 trillion suggesting the total value of mortgage debt is only around 25% of the value
  • Combined capital city home values have been rising for 29 months and over that time they have increased by 20.0%
  • Sydney and Melbourne continue to be the main drivers of home value growth.
  • Over the 12 months to August 2014 there were 349,612 houses and 135,914 units transacted across the country.
  • Capital city rental rates have increased by 1.8% over the 12 months to October 2014 which is its lowest annual rate of growth in more than a decade

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For more information on queries in obtaining additional data in relation to this report, contact research@corelogic.com.au or call 1300 734 318.