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JUNE QTR KEY FIGURES

	Mar Qtr 07 to Jun Qtr 07	Jun Qtr 06 to Jun Qtr 07
Established house prices	% change	% change
Weighted average of eight capital cities	3.2	9.2
Sydney	2.3	3.0
Melbourne	5.0	11.5
Brisbane	6.5	15.7
Adelaide	5.7	11.7
Perth	-0.9	15.3
Hobart	2.3	9.7
Darwin	-1.4	7.4
Canberra	2.9	9.0

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

Established house prices, Quarterly % change - June Quarter 2007

JUNE QTR KEY POINTS


ESTABLISHED HOUSE PRICES

Quarterly Changes

• Preliminary estimates show the price index for established houses in the capital cities of Australia increased 3.2% in the June quarter 2007 compared with a rise of 1.4% in the March quarter 2007.
• House prices rose in Brisbane (+6.5%), Adelaide (+5.7%), Melbourne (+5.0%), Canberra (+2.9%), Sydney (+2.3%), and Hobart (+2.3%), and fell in Perth (-0.9%) and Darwin (-1.4%).
• The movement in the established house price index between December quarter 2006 and March quarter 2007 has been revised from the first estimate, an increase of 1.1%, to an increase of 1.4%.

• Over the twelve months to June quarter 2007, preliminary estimates show that established house prices rose 9.2%.
• Annually, house prices rose in Brisbane (+15.7%), Perth (+15.3%), Adelaide (+11.7%), Melbourne (+11.5%), Hobart (+9.7%), Canberra (+9.0%), Darwin (+7.4%), and Sydney (+3.0%).
• The movement in the established house price index between March quarters 2006 and 2007 has been revised from the first estimate, an increase of 8.6%, to an increase of 9.9%.

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.