Canberra home value increases have bucked a national slowdown, rising by 4.1 per cent in the April quarter when the median sale cost was $511,200.
Figures issued by RP Data and Rismark today labelled Canberra the country's best performing capital city, with the 4.1 per cent rise in values the highest increase of Australia's capital cities.
Overall, the companies' hedonic index, which is unrelated to the median sale prices and looks at the value of the overall market, showed that after 16 months of strong rises in home values, there was virtually no capital gain in April, when values were