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Australia residential price index; weighted average of eight capital cities (2016=100)

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

 Q1Q2Q3Q4
2023-1.99%
20220.96%-0.7%-5.16%-5.3%
20215.8%4.06%3.6%3.07%
20203.05%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%
20162.44%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.