Ray White Now - May 2024 | Page 5

The capital city unit market has shown similar results this period with all markets showing monthly uplift in values with the exception of Sydney . Perth continues to lead the charge , growing median values by 0.7 per cent this month to $ 499,712 . Adelaide and Darwin both recorded 0.5 per cent increases this month , followed by Brisbane and Hobart up 0.4 per cent .
Sydney and Melbourne have recorded the least change in values this period , with Melbourne up 0.3 per cent to $ 634,768 while Sydney has fallen just 0.1 per cent to $ 868,064 .
Over the last 12 months , Perth , Brisbane and Adelaide have grown median prices in excess of 13 per cent in contrast to larger regions of Melbourne ( 4.3 per cent ) and Sydney ( 5.8 per cent ) which have seen lesser improvement over the same time period .