(MENAFN) Australian property prices on average grew 6.8 percent over 2014, official data showed, Xinhua reported.
The Australian Bureau of Statistics (ABS) figures showed a 1.9 growth in the last quarter of 2014.
Sydney was the highest rising market, with the official figures pointing to a 12.2 percent annual gain.
Brisbane ranked as the second highest gain rising 5.3 percent, while Melbourne was next with a 4.5 percent rise.
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