SEPTEMBER KEY FIGURES

	Jun Qtr 12 to Sep Qtr 12	Sep Qtr 11 to Sep Qtr 12
Established house prices	% change	% change
Weighted average of eight capital cities	0.3	0.3
Sydney	0.3	1.3
Melbourne	0.2	-2.3
Brisbane	0.4	0.3
Adelaide	-0.6	-1.1
Perth	1.8	4.4
Hobart	0.2	-2.2
Darwin	-0.5	8.2
Canberra	-1.1	0.4

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

Established house prices, Quarterly % change - September quarter 2012

SEPTEMBER 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 rose 0.3% in the September quarter 2012.
• The capital city indexes rose in Perth (+1.8%), Sydney (+0.3%), Melbourne (+0.2%), Brisbane (+0.4%) and Hobart (+0.2%) and fell in Adelaide (-0.6%), Canberra (-1.1%) and Darwin (-0.5%).

Annual Changes (September Quarter 2011 to September Quarter 2012)

• Preliminary estimates show that the price index for established houses for the weighted average of the eight capital cities rose 0.3% in the year to the September quarter 2012.
• Annually, house prices rose in Darwin (+8.2%), Perth (+4.4%), Sydney (+1.3%), Canberra (+0.4%) and Brisbane (+0.3%) and fell in Melbourne (-2.3%), Hobart (-2.2%) and Adelaide (-1.1%).

NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
December 2012	5 February 2013
March 2013	7 May 2013
June 2013	6 August 2013
September 2013	4 November 2013

CHANGES IN THIS ISSUE

The data series presented in Tables 5 and 6 of this publication are sourced from Producer Price Indexes, Australia (PPI) (cat. no. 6427.0). From the September quarter 2012, the Australian Bureau of Statistics (ABS) re-referenced the PPIs to a new index reference period of 2011-12=100.0. However, in order to present all index series consistently in this publication, Tables 5 and 6 will continue to be published on an index reference period of 2003-04=100.0. This requires the PPIs presented in Tables 5 and 6 to be re-scaled and may cause index numbers and period-to-period percentage changes to differ slightly to those previously published in House Price Index: Eight Capital Cities (cat. no. 6416.0). These differences do not constitute a revision. For further details, please see paragraph 29 of the Explanatory Notes.

All index series in this publication will continue to be presented with an index reference period of 2003-04=100.0 until the December quarter 2013, when all series will be re-referenced to an index reference period of 2011-12=100.0.


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 Ben Faulkner on Sydney (02) 9268 4052.