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6416.0 - House Price Indexes: Eight Capital Cities, Sep 2006  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 15/11/2006   
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PRICE INDEXES AND CONTRACT PRICE INDEXATION


SEPTEMBER QTR KEY FIGURES

Jun Qtr 06 to Sep Qtr 06
Sep Qtr 05 to Sep Qtr 06
Established house prices
% change
% change

Weighted average of eight capital cities
2.2
9.5
Sydney
0.2
1.4
Melbourne
1.7
7.5
Brisbane
0.9
6.5
Adelaide
0.6
6.4
Perth
10.1
45.9
Hobart
1.5
9.4
Darwin
3.1
17.3
Canberra
3.8
10.5

Established house prices, Weighted average of eight capital cities - Quarterly % change
Graph: Established house prices, Weighted average of eight capital cities—Quarterly % change

Established house prices, Quarterly % change - September quarter 2006
Graph: Established house prices, Quarterly % change—September quarter 2006



SEPTEMBER QTR KEY POINTS


ESTABLISHED HOUSE PRICES

Quarterly Changes

  • Preliminary estimates show the price index for established houses in Australia increased 2.2% in the September quarter 2006, compared with the movement of 3.5% in the June quarter 2006.
  • House prices rose in all cities: Perth (+10.1%), Canberra (+3.8%), Darwin (+3.1%), Melbourne (+1.7%), Hobart (+1.5%), Brisbane (+0.9%), Adelaide (+0.6%) and Sydney (+0.2%).

Annual Changes (September quarter 2005 to September quarter 2006)
  • Over the twelve months to September quarter 2006, preliminary estimates show that established house prices rose 9.5%.
  • Annually, house prices rose in all cities: Perth (+45.9%), Darwin (+17.3%), Canberra (+10.5%), Hobart (+9.4%), Melbourne (+7.5%), Brisbane (+6.5%), Adelaide (+6.4%) and Sydney (+1.4%).


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
December 2006 15 February 2007
March 2007 9 May 2007



CHANGES IN THIS ISSUE

There are no changes in this issue.



INQUIRIES

For further information about these and related statistics, contact Mark King on Canberra (02) 6252 5342 or the National Information and Referral Service on 1300 135 070.


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