RP data reports that Sydney’s annual rate of home value growth peaked in April 2014 at 16.7% and in Melbourne it peaked at 11.9% in January 2014.
Things have slowed (slightly) with Sydney’s annual growth to July 2014 being 14.8% and Melbourne 11.0%. The next best performing city for growth over the year was Brisbane with a much lower value increase of 6.9%.