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Australia House Price Index: Median dwelling price, eight capital cities
Australia
Source: CoreLogic
Australian house prices, weighted average 8 capital cities, % change 1 yr
Nominal and inflation-adjusted ('real')
Australia
Source: CoreLogic
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2024 | 0.99% | 2.48% | ||
| 2023 | -1.99% | 2.31% | 1.88% | 1.64% |
| 2022 | 0.96% | -0.70% | -5.16% | -5.30% |
| 2021 | 5.80% | 4.06% | 3.60% | 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% | 0.50% |
| 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.
Yearly change in house prices, nominal and inflation-adjusted
| Year | Inflation Adjusted | Nominal Change |
| 2023 | 3.84% | 8.02% |
| 2022 | -9.96% | -2.93% |
| 2021 | 17.57% | 21.73% |
| 2020 | 3.87% | 4.76% |
| 2019 | -0.27% | 1.57% |
| 2018 | -8.25% | -6.62% |
| 2017 | 4.69% | 6.69% |
The yearly changes table looks at the last quarter's/month's index values for a given year and compares it with the same quarter/month of the previous year to gauge the change in house prices during that given year.