In the latest CoreLogic analysis by Eliza Owen, head of research, a stark variation in housing market performances is evident across Australia’s capitals.

This segment details the highest annual growth observed in Perth, with dwelling values rising by 22.0%, contrasting sharply with a slight decline in Hobart, which saw a dip of -0.1%.

Pandemic’s impact on market dynamics
The disparity in growth since the pandemic began is significant, with Perth leading the surge at 62.6%, while Melbourne’s more modest gain stands at 11.2%.

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