Watch: Melbourne's October 2018 property market news
By Tim Lawless,| 7 min read
How did Melbourne's property market perform last month?
"The Australian housing market continued to weaken over the month, with national dwelling values falling 0.5% in September, marking twelve months of consistently falling values."
The annual change in dwelling values tracked lower across Australia's largest capital cities:
Sydney values dropped -6.1% in the past 12 months
Melbourne values are -3.4% lower
Perth is down -2.8%
Darwin fell by -3.7%
Brisbane is up +0.8%
Adelaide values have risen +0.7%
Hobart prices increased by +9.3%
Canberra is up +2.0%
Watch Tim Lawless's full take on the latest property market movements.
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