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Australia residential price index; weighted average of eight capital cities (2011-12 = 100)
February, 23, 2021
Australian house price data. Real estate price trends for Australia are given by two main sources - the Australian Bureau of Statistics (ABS) and the Real Estate Institute of Australia (REIA). The ABS releases quarterly average residential prices of in the eight capital cities, while the REIA publishes median house prices in Australia through their media press releases. We use the ABS index.
Australian house prices, weighted average 8 capital cities, % change 1 yr
Nominal and inflation-adjusted ('real')
Source: Australian Bureau of Statistics
Quarterly change in house prices, inflation-adjusted
This table shows the change in house prices during a single quarter, adjusted for inflation.
Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.