• Summary
• Downloads
• Explanatory Notes
• Related Information
• Past Releases

JUNE QTR KEY FIGURES

	Mar Qtr 06 to Jun Qtr 06	Jun Qtr 05 to Jun Qtr 06
Established house prices	% change	% change
Weighted average of eight capital cities	3.1	6.4
Sydney	1.4	-0.5
Melbourne	2.0	5.5
Brisbane	2.1	4.5
Adelaide	2.3	7.3
Perth	11.9	35.4
Hobart	2.0	7.4
Darwin	3.6	18.7
Canberra	2.6	6.7

Established house prices, Weighted average of eight capital cities - Quarterly % change

Established house prices, Quarterly % change - June quarter 2006

JUNE QTR KEY POINTS


ESTABLISHED HOUSE PRICES

Quarterly Changes

• Preliminary estimates show the price index for established houses in Australia increased 3.1% in the June quarter 2006, compared with the movement of 1.1% in the March quarter 2006.

• House prices rose in all cities: Perth (+11.9%), Darwin (+3.6%), Canberra (+2.6%), Adelaide (+2.3%), Brisbane (+2.1%), Melbourne (+2.0%), Hobart (+2.0%) and Sydney (+1.4%).

• The movement in the established house price index between December quarter 2005 and March quarter 2006 has been revised from an estimated preliminary increase of 1.0% to an increase of 1.1%.

• Over the twelve months to June quarter 2006, preliminary estimates show that established house prices rose 6.4%.

• Annually, house prices rose in Perth (+35.4%), Darwin (+18.7%), Hobart (+7.4%), Adelaide (+7.3%), Canberra (+6.7%), Melbourne (+5.5%) and Brisbane (+4.5%). House prices fell in Sydney by 0.5%.

• The movement in the established house price index between March quarters 2005 and 2006 has been revised from an estimated preliminary rise of 3.6% to a rise of 3.8%.

INQUIRIES

For further information about these and related statistics, contact Mark King on Canberra (02) 6252 5342 or the National Information and Referral Service on 1300 135 070.