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Australia residential price index; weighted average of eight capital cities (2016=100)
May, 29, 2023
Australia
Australian house price data. Real estate price trends for Australia are given by two main sources - CoreLogic and the OECD.
Australian house prices, weighted average 8 capital cities, % change 1 yr
Nominal and inflation-adjusted ('real')
Australia
Source: CoreLogic and OECD
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2023 | -1.99 | |||
| 2022 | 0.96 | -0.7 | -5.16 | -5.3 |
| 2021 | 5.8 | 4.06 | 3.6 | 3.07 |
| 2020 | 3.05 | 1.63 | -2.54 | 1.77 |
| 2019 | -2.43 | -1.84 | 1.46 | 2.63 |
| 2018 | -0.52 | -0.55 | -2.24 | -5.14 |
| 2017 | -5.31 | 8.35 | 1.54 | 0.5 |
| 2016 | 2.44 | 0.94 | 6.37 |
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.