National Real Estate Insights We wanted to share this latest market news with you from RP Data. 2 September 2013 RP Data – Rismark Home Value Index Release Capital gains move back to more sustainable levels in August Capital city dwelling values rose a further 0.5 per cent in August taking the cumulative recovery in residential home values to 7.0 per cent since the market bottomed out in May last year. RP Data and Rismark International today released housing results which showed dwelling values increased by half a per cent over the month of August. The August result is a slowdown from previous months where capital gains were recorded at a much higher rate; 1.6 per cent over July and 1.9 per cent over June. Highlights over the quarter: Best performing capital city: Sydney +5.4 per cent Weakest performing capital city: Hobart, -2.1 per cent Highest rental yields: Darwin houses with gross rental yield of 6.1 per cent and Darwin Units at 6.3 per cent Lowest rental yields: Melbourne houses with gross rental yield of 3.6 per cent and Melbourne units at 4.3 per cent Most expensive city: Sydney with a median dwelling price of $587,000 Most affordable city: Hobart with a median dwelling price of $289,000 « Pre Auction Offers on The RiseRJR TV – Compelling Viewing For DEsign Lovers » In Archive Archives June 2022 (1) November 2020 (2) October 2020 (3) September 2020 (4) May 2020 (2) March 2020 (3) February 2020 (1) January 2020 (1) November 2019 (2) August 2019 (1) July 2019 (3) April 2018 (1) March 2018 (3) October 2017 (5) September 2017 (10) August 2017 (6) July 2017 (1) July 2016 (1) May 2014 (3) April 2014 (15) March 2014 (6) February 2014 (7) January 2014 (3) December 2013 (4) November 2013 (5) October 2013 (4) September 2013 (9) August 2013 (7) July 2013 (17) June 2013 (10) May 2013 (19) April 2013 (12) March 2013 (2) February 2013 (5) January 2013 (1) December 2012 (3) November 2012 (3) February 2012 (1)