Information released on February 1st, 2010 by the Australian Bureau of Statistics shows the following:
Over the year to December 2009, preliminary estimates show that the price index for established houses for the weighted average of the eight capital cities increased 13.6%.
Annually, established house prices rose in each city by:
19.7% Melbourne
13.6% Darwin
12.8% Sydney
12.4% Canberra
11.5% Perth
11.0% Hobart
10.9% Brisbane
5.1% Adelaide
(Note: These figures are based on the median priced houses for Australian Capital Cities, the prices may well be lower outside those Capital cities)
The following graphs show the ABS actual figures up to June 2009, which does not include their “preliminary estimates” to Dec 2009.
Source: abs.gov.au 6416.0 House Price Indexes: Eight Capital Cities Tables 7 and 8.
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