The CoreLogic RP Data Home Value Index has seen property prices rise with a strong performance for the last month of the year with dwelling values increasing by 0.9% in December. Home values finished at a 7.9% annual increase.
Property prices have increased for all capital cities except Darwin and Canberra with a price drop of 0.6%. Sydney led the way for all capital cities with a property price increase of 12.4% for 2014.
Read more about this on the Broker News website.