Digital Increasing Bar Graph With Businessman Hand Overlay Min (1)

๐—ก๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฃ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜๐˜† ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐—–๐—น๐—ผ๐˜€๐—ฒ ๐˜๐—ผ ๐—ฅ๐—ฒ๐—ฐ๐—ผ๐—ฟ๐—ฑ ๐—Ÿ๐—ฒ๐˜ƒ๐—ฒ๐—น๐˜€

Australia's median price rose another 0.9% in October, the ninth consecutive month of growth, according to CoreLogic.

National prices have now risen 7.6% since bottoming out in January, and are just 0.5% below the record-high recorded in April last year.

As the graph shows, Sydney, Melbourne, Brisbane, Perth and Adelaide recorded year-on-year growth, while Hobart, Darwin and Canberra recorded annual declines. That said, prices rose in all capital cities over the quarter.

Brisbane, Perth and Adelaide all posted record-high median property prices in October, with Sydney (2.2% below its peak) and Melbourne (3.7% lower) close to record territory.

Subiaco finance brokers are here to help

Interest rate rises are here, but you donโ€™t have to fear with the right broker on your side.

The team at Sonam Capital are here to empower you through financial knowledge. Weโ€™ll take the time to get to know you and your unique situation and speak in a language you can understand, with strategies you can implement for the best possible outcomes.

Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.

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