This helps narrow the growth gap between Brisbane and our southern counterparts, though Sydney and Melbourne still recorded growth of 13.1 per cent and 13.9 per cent respectively over the same period.
The growth trend across the combined capital cities has rallied since a pre-Christmas slowdown, according to the May CoreLogic Home Value Index.
But each capital city tells a very different story with Perth and Darwin sliding backwards on the growth scale, while Hobart continued a commendable surge.
States reliant on the mining sector saw softer economic conditions, further impacted by a sharp wind down in migration, particularly overseas.
Whilst Sydney & Melbourne remain sheltered from the downturn in the resources sector, instead benefiting from healthy services sector. Both also share positive population inflows.
Check out how the capital cities performed over the past year:
Change in dwelling values year-on-year to May 31, 2016
- Sydney: 13.1 per cent
- Melbourne: 13.9 per cent
- Brisbane: 7.1 per cent
- Adelaide: 3.9 per cent
- Perth: -4.2 per cent
- Hobart: 6.1 per cent
- Darwin: -3.5 per cent
- Canberra: 5.7 per cent
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