Property price growth slows throughout Australia

The latest RP Data-Rismark April hedonic home value index reveals dwelling values across Australia’s capital cities rose by just 0.3 per cent in April.

Despite this Sydney’s median house price has broken the $800,000 barrier for the first time.

Tim Lawless of RP Data said the rate of growth in values had slowed in April, following strong increases in March and the first quarter of the year.

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