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AAP
AAP
Alex Mitchell

House values break ceiling in almost half of suburbs

Kaytlin Ezzy Cotality Steven Saphore Australia Housing Market Perth
Almost 45 per cent of Australian suburbs are at record-high dwelling values. (Steven Saphore/AAP PHOTOS)

Housing market values in almost half of all Australian suburbs are at all-time highs - and plenty more are expected to join them.

In a sure sign the housing market has recovered, property platform Cotality, formerly known as CoreLogic, released data on Friday showing record values in almost 45 per cent of suburbs.

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