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Australia Rent Price Index (Capital Cities) / Monthly
Australia
Source: OECD
In most countries the rent price indices are a part of the overall Consumer Price Index (CPI) or Harmonised Indices of Consumer Prices (HICP) calculations, hence an inflation-adjusted value is not provided. The goal of the Rent Price Index is to provide a high-level overview of the trends of rent prices.
Australia Rent Price Index (capital cities), % change 1 yr
Nominal
Australia
Source: OECD
Quarterly change in rent prices
Q1 | Q2 | Q3 | Q4 | |
2024 | 2.15% | 1.93% | 1.29% | |
2023 | 1.83% | 2.55% | 1.75% | 1.09% |
2022 | 0.70% | 0.60% | 1.48% | 1.27% |
2021 | 0.00% | 0.10% | 0.10% | 0.10% |
2020 | 0.10% | -1.38% | -0.20% | 0.10% |
2019 | 0.10% | 0.00% | 0.10% | 0.00% |
2018 | 0.30% | 0.00% | 0.10% | 0.20% |
2017 | 0.20% |
This table shows the nominal change in rent prices during a single quarter.
Yearly change in rent prices
Year | Nominal Change |
2023 | 7.40% |
2022 | 4.10% |
2021 | 0.30% |
2020 | -1.39% |
2019 | 0.20% |
2018 | 0.60% |
The yearly changes table compares the index values from the most recent quarter or month of a given year with the corresponding quarter or month from the previous year. This provides an assessment of how house prices have changed over that year.