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6416.0 - House Price Indexes: Eight Capital Cities, Dec 2012 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 05/02/2013   
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DECEMBER KEY FIGURES

Sep Qtr 12 to Dec Qtr 12
Dec Qtr 11 to Dec Qtr 12
Established house prices
% change
% change

Weighted average of eight capital cities
1.6
2.1
Sydney
2.3
4.2
Melbourne
0.7
-0.2
Brisbane
0.7
0.7
Adelaide
0.8
-0.4
Perth
2.9
5.6
Hobart
-1.4
-6.1
Darwin
2.6
10.1
Canberra
2.1
0.3


Established house prices, Weighted average of eight capital cities - Quarterly % change
Established house prices, Quarterly % change - December quarter 2012



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 rose 1.6% in the December quarter 2012.
  • The capital city indexes rose in Sydney (+2.3%), Perth (+2.9%), Melbourne (+0.7%), Brisbane (+0.7%), Adelaide (+0.8%), Canberra (+2.1%) and Darwin (+2.6%) and fell in Hobart (-1.4%).


Annual Changes (December Quarter 2011 to December Quarter 2012)
  • Preliminary estimates show that the price index for established houses for the weighted average of the eight capital cities rose 2.1% in the year to the December quarter 2012.
  • Annually, house prices rose in Darwin (+10.1%), Perth (+5.6%), Sydney (+4.2%), Brisbane (+0.7%) and Canberra (+0.3%) and fell in Hobart (-6.1%), Adelaide (-0.4%) and Melbourne (-0.2%).


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
March 2013 7 May 2013
June 2013 6 August 2013
September 2013 4 November 2013
December 2013 4 February 2014



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.


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