The five-capital city aggregate CoreLogic Home Value Index rose 4.7% year on year to 203.7 in December 2024, according to a Thursday report by the property data and analytics company.

Sydney home values were up 2.3%, while those in Melbourne went down 3%. Home prices in Brisbane including Gold Coast rose nearly 11%, and those in Adelaide and Perth increased by over 13% and 19%, respectively.

By type, house prices were down 0.3%, while apartment units rose 3.2%.

On a monthly basis, the index was down 0.2%.