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6416.0 - House Price Indexes: Eight Capital Cities, Sep 2010  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 01/11/2010   
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SEPTEMBER KEY FIGURES

Jun Qtr 10 to Sep Qtr 10
Sep Qtr 09 to Sep Qtr 10
Established house prices
% change
% change

Weighted average of eight capital cities
0.1
11.5
Sydney
-0.9
11.0
Melbourne
2.7
18.8
Brisbane
-2.1
3.0
Adelaide
-1.4
6.3
Perth
0.4
9.4
Hobart
-1.4
4.2
Darwin
0.3
9.8
Canberra
-0.4
11.0


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

Established house prices, Quarterly % change - September quarter 2010
Graph: Established house prices, Quarterly % change—September quarter 2010




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 increased 0.1% in the September quarter 2010.
  • The capital city indexes increased in Melbourne (+2.7%), Perth (+0.4%) and Darwin (+0.3%), and decreased in Sydney (-0.9%), Brisbane (-2.1%), Adelaide (-1.4%), Hobart (-1.4%) and Canberra (-0.4%).


Annual Changes (September quarter 2009 to September quarter 2010)
  • Preliminary estimates show that the price index for established houses for the weighted average of the eight capital cities increased 11.5% in the year to September quarter 2010.
  • Annually, house prices rose in Melbourne (+18.8%), Sydney (+11.0%), Canberra (+11.0%), Darwin (+9.8%), Perth (+9.4%), Adelaide (+6.3%), Hobart (+4.2%) and Brisbane (+3.0%).


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
December 2010 1 February 2011
March 2011 2 May 2011
June 2011 2 August 2011
September 2011 1 November 2011



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 13 to 17 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 Toni Graham on Sydney (02) 9268 4163.


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