Article
Hobart Shows Highest Housing Price Growth in Last 20 Years
by Gerv Tacadena, Your Investment Property
An analysis of 20-year data from Australian Bureau of Statistics (ABS) show that smaller capital cities outperformed powerhouse ones in terms of achieving the best median house price growth.
According to the ABS data, which covered median price of established house transfers from March 2002 to December 2022, Hobart was the star performer among all capital cities.
Over the period, Hobart’s median house price was 5.9 times higher in December 2022 than it was in March 2002.
Read the full story here: https://www.yourinvestmentpropertymag.com.au/news/biggest-gainers-over-past-20-years.