Cotality’s national Home Value Index climbed 0.7% in August—the largest monthly increase since May last year—lifting the annual growth rate to 4.1% for a second consecutive monthly gain.

Australian housing values increased by 0.6% in June, representing the fifth consecutive month of growth after the -0.3% decline recorded between November and January.

Property investors are looking for ways to boost the yield on their properties to offset higher mortgage costs. A unique approach that increasing numbers of investors are considering is co-living properties that house a collection of individuals rather than a family.