JUNE KEY FIGURES
| Mar Qtr 09 to Jun Qtr 09 | Jun Qtr 08 to Jun Qtr 09 |
Established house prices | % change | % change |
|
Weighted average of eight capital cities | 4.2 | -1.4 |
Sydney | 4.9 | -0.9 |
Melbourne | 5.2 | -1.5 |
Brisbane | 2.5 | -3.3 |
Adelaide | 3.4 | 2.7 |
Perth | 2.7 | -3.7 |
Hobart | 2.5 | 0.1 |
Darwin | 2.4 | 11.0 |
Canberra | 3.6 | -0.2 |
|
Established house prices, Weighted average of eight capital cities - Quarterly % change
| Established house prices, Quarterly % change - June quarter 2009
|
JUNE 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 4.2% in the June quarter 2009.
- There were price rises in all capital cities with Sydney (+4.9%), Melbourne (+5.2%), Perth (+2.7%), Brisbane (+2.5%) and Adelaide (+3.4%) the major contributors to the weighted average of the eight capital cities. There were smaller contributions from Canberra (+3.6%), Hobart (+2.5%) and Darwin (+2.4%).
- The movement in the preliminary established house price index between December quarter 2008 and March quarter 2009 has been revised from an estimated decrease of 2.2% to an estimated decrease of 1.5%.
ANNUAL CHANGES (JUNE QUARTER 2008 TO JUNE QUARTER 2009)
- Over the year to June 2009, preliminary estimates show that the price index for established houses for the weighted average of the eight capital cities decreased 1.4%.
- Annually, house prices rose in Darwin (+11.0%), Adelaide (+2.7%) and Hobart (+0.1%), and fell in Perth (-3.7%), Brisbane (-3.3%), Melbourne (-1.5%), Sydney (-0.9%) and Canberra (-0.2%).
- The movement in the preliminary established house price index between March quarters 2008 and 2009 has been revised from an estimated decrease of 6.7% to an estimated decrease of 6.2%.
NOTES
FORTHCOMING ISSUES
ISSUE (QUARTER) | Release Date |
September 2009 | 2 November 2009 |
December 2009 | 1 February 2010 |
March 2010 | 3 May 2010 |
June 2010 | 4 August 2010 |
CHANGES IN THIS ISSUE
There are no changes in this issue.
REVISIONS
Estimates for the two most recent quarters of the established house price index series are preliminary and are subject to revision (see paragraphs 12 and 13 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 Mark Dubner on Sydney (02) 9268 4448.