JUNE KEY FIGURES

	Mar Qtr 12 to Jun Qtr 12	Jun Qtr 11 to Jun Qtr 12
Established house prices	% change	% change
Weighted average of eight capital cities	0.5	-2.1
Sydney	1.4	-0.9
Melbourne	-0.4	-4.8
Brisbane	0.1	-2.7
Adelaide	0.5	-1.3
Perth	0.6	1.1
Hobart	-0.4	-3.2
Darwin	5.1	12.3
Canberra	-1.3	-2.6

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

Established house prices, Quarterly % change - June quarter 2012

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 rose 0.5% in the June quarter 2012.
• The capital city indexes rose in Sydney (+1.4%), Perth (+0.6%), Adelaide (+0.5%), Darwin (+5.1%) and Brisbane (+0.1%) and fell in Melbourne (-0.4%), Canberra (-1.3%) and Hobart (-0.4%).

Annual Changes (June Quarter 2011 to June Quarter 2012)

• Preliminary estimates show that the price index for established houses for the weighted average of the eight capital cities fell 2.1% in the year to June quarter 2012.
• Annually, house prices fell in Melbourne (-4.8%), Hobart (-3.2%), Brisbane (-2.7%), Canberra (-2.6%), Adelaide (-1.3%) and Sydney (-0.9%) and rose in Darwin (+12.3%) and Perth (+1.1%).

NOTES

FORTHCOMING ISSUES

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

CHANGES IN THIS ISSUE

The established house price index currently covers detached houses in the eight capital cities. To complement the established house price index, new experimental price indexes have been developed for other dwellings in the capital cities and for all dwellings in the capital cities. This publication includes a feature article which provides some information about the development of the new price indexes and a data cube with a time series of the new indexes.


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 Mark Dubner on Sydney (02) 9268 4448.