Capital Growth, page-116

Western Australia stands out, surpassing national averages. Perth has become Australia's fifth most expensive housing market, overtaking Adelaide with a median house price of $821,093, reflecting a 3.6 per cent monthly increase and a remarkable 26.7 per cent annual growth.

Adelaide and Brisbane maintain strong annual growth rates of 14.7 per cent and 14.4 per cent respectively, while Melbourne, though still growing, lags behind at 1.3 per cent monthly growth, below the national average of 2.1 per cent.

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So much for the property bears forecasts - Again