An industry report showed that the median house price in Sydney was 13 higher than that in Melbourne, almost twice the difference in the same period last year.

Although the fact that Sydney house prices are the most expensive in Australia is no longer surprising, it is surprising that the house price gap between Sydney and other areas is widening. According to the RP Data-Rismark's Hedonic Home Value Index in June, the median house price in Sydney was 6, while that in Melbourne was 69; in the same period last year, the median house price in Sydney was 56 and that in Melbourne was 58. The gap is only 51.2.

By the end of June this year, the median house price in Australian capital cities was 6, but it was only 54.5 12 months ago.

National housing prices have risen this fiscal year, and the latest data show that housing prices have increased by 12% from 10.1 months ago. RP Data-Rismark's house value index for June showed that house prices rose by 6% in June alone; RP Data research director Tim Lawless said the national house price increase in June made up for the 6% drop in May.

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Housing price performance in the three months ending June 2014:

Best performing capital cities:Sydney ↑ 1%

The worst performing capital cities:Melbourne ↓2.4%

Capital cities with the highest rental yields:Darwin houses 6.1%; units 5.9%

Capital cities with the lowest rental yields:Melbourne house 3.4%; unit house 4.3%

The most expensive capital city: Sydney (median 69)

The most affordable capital cities:Hobart (median value of 32.8)

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Housing price performance in the three months ending June 2013:

Best performing capital cities:Sydney and Adelaide ↑ 1.2%

The worst performing capital cities:Darwin ↓2.7%

Capital cities with the highest rental yields:Darwin houses 6.2%; units 6.2%

Capital cities with the lowest rental yields:Melbourne house 3.7%; unit house 4.4%

The most expensive capital cities:Sydney (median value 58)

The most affordable capital cities:Hobart (median value of 31.6)

(The article comes from the Internet)