Capital cities property markets rebound in Australia

[Nicholas Wallwork]

The residential property market in Australia bounced back in 2012 with the median house price rising by 2.1%, according to the latest report from Australian Property Monitors (APM). Prices increased in capital cities in all states in the last quarter of the year, led by Hobart at 4.7%, followed by Darwin at 2.7%, Perth at [...]

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[Benn]

Just 0.3% in Brisbane. The market is going to struggle for a while longer, at least a year or two until the Government job cutting is finished.