DECEMBER KEY FIGURES
| Sep Qtr 11 to Dec Qtr 11 | Dec Qtr 10 to Dec Qtr 11 |
Established house prices | % change | % change |
|
Weighted average of eight capital cities | -1.0 | -4.8 |
Sydney | -1.0 | -2.7 |
Melbourne | -1.6 | -6.1 |
Brisbane | -1.3 | -6.7 |
Adelaide | -1.6 | -6.4 |
Perth | 0.5 | -4.9 |
Hobart | 0.8 | -4.0 |
Darwin | -1.4 | -5.4 |
Canberra | 0.7 | -2.6 |
|
Established house prices, Weighted average of eight capital cities - Quarterly % change
| Established house prices, Quarterly % change - December quarter 2011
|
DECEMBER KEY POINTS
ESTABLISHED HOUSE PRICES
Quarterly Changes
- Preliminary estimates show the price index for established houses for the weighted average of the eight capital cities decreased 1.0% in the December quarter 2011.
- The capital city indexes decreased in Melbourne (-1.6%), Sydney (-1.0%), Brisbane (-1.3%), Adelaide (-1.6%) and Darwin (-1.4%) and increased in Perth (0.5%), Canberra (0.7%) and Hobart (0.8%) .
Annual Changes (December Quarter 2010 to December Quarter 2011)
- Preliminary estimates show that the price index for established houses for the weighted average of the eight capital cities decreased 4.8% in the year to the December quarter 2011.
- Annually, house prices decreased in Brisbane (-6.7%), Adelaide (-6.4%), Melbourne (-6.1%), Darwin (-5.4%), Perth (-4.9%), Hobart (-4.0%), Sydney (-2.7%) and Canberra (-2.6%).
NOTES
FORTHCOMING ISSUES
ISSUE (QUARTER) | Release Date |
March 2012 | 1 May 2012 |
June 2012 | 1 August 2012 |
September 2012 | 6 November 2012 |
December 2012 | 5 February 2013 |
CHANGES IN THIS ISSUE
There are no changes in this issue.
REVISIONS
Estimates for the two most recent quarters of the HPI series are preliminary and subject to revision (see paragraphs 15 to 19 of the Explanatory Notes).
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Mark Dubner on Sydney (02) 9268 4448.