Video: Australian Housing Market Overview – October 2011

Strong rental growth rates combined with slowing dwelling value declines have seen home owners realise positive ‘total return’ growth in August in Australia.

While national dwelling values fell by -0.4%, this was the smallest seasonally-adjusted decline since April 2011. Bucking the national trend, home values in Australia’s biggest city, Sydney, rose +0.4%. Including gross rents, Sydney dwellings have delivered a total 3.4% return in 2011 year-to-date.

Nationally, capital city dwellings also produced a +0.2% total return over 2011.

Watch the full video report on