Canberra property values increase 4 Across Australia, capital city values have increased by 8 per cent since January 1, and 11.
1 per cent compared to a year earlier, largely due to surges in Sydney and Melbourne. Sydney and Melbourne have recorded growth of 12.7 per cent and and 10.7 per cent so far oakley half jacket this year, while Perth and Darwin have continued to fall in price dropping2.8 per centand 2.3 per cent respectively. CoreLogic head of research Tim Lawless said oakley oil drum Australia's capital cities had seen "remarkable differences" over the growth cycle to date, which broadly began at the end of May, 2012. "This highlights the extent to which Sydney and Melbourne markets have outperformed other markets over the past three years." CommSec chief economist Craig James said inflation remained under control, despite property growth in Sydney and Melbourne. "Inflation remains under control, allowing the Reserve Bank to leave the cash rate at a record low of 2 per cent," he oakley lenses said. "Prices are certainly not easing into deflation territory, but nor are they indicating a potential inflation problem down the sunglasses oakley track." Meanwhile, rental yields in the territory rose to 4.1 per cent for houses and 5 per cent for units in the year to July above the average for Australian capital cities.
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