Total returns are picking-up outside of Sydney and Melbourne
14 November 16
Sydney & Melbourne have seen much stronger total returns than other capital cities over recent years. Recent data indicates returns in Hobart & Canberra are closing in on Sydney & Melbourne thanks to higher yields & accelerating capital growth.
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The CoreLogic Home Value Index was released last week and it showed that combined capital city home values rose by 7.5% over the year to October 2016. The most interesting recent development has been the accelerating annual growth trend evident within Sydney and Melbourne. While the change in values is important, it only tells part of the story with the total return also an important figure to focus on.
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