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6416.0 - House Price Indexes: Eight Capital Cities, Mar 2013 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 07/05/2013   
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MARCH KEY FIGURES

Dec Qtr 12 to Mar Qtr 13
Mar Qtr 12 to Mar Qtr 13
Established house prices
% change
% change

Weighted average of eight capital cities
0.1
2.6
Sydney
0.0
3.6
Melbourne
0.2
1.1
Brisbane
-0.3
1.4
Adelaide
-0.1
0.9
Perth
1.2
6.1
Hobart
-0.3
-1.9
Darwin
1.9
8.0
Canberra
0.2
1.5


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 - March quarter 2013
Graph: Established house prices, Quarterly % change—March quarter 2013




MARCH KEY POINTS


ESTABLISHED HOUSE PRICES

Quarterly Changes
  • Preliminary estimates show that the price index for established houses for the weighted average of the eight capital cities rose 0.1% in the March quarter 2013.
  • The capital city indexes rose in Perth (+1.2%), Melbourne (+0.2%), Darwin (+1.9%) and Canberra (+0.2%) and fell in Brisbane (-0.3%), Adelaide (-0.1%) and Hobart (-0.3%). Sydney showed no movement for the quarter.


Annual Changes (March Quarter 2012 to March Quarter 2013)
  • Preliminary estimates show that the price index for established houses for the weighted average of the eight capital cities rose 2.6% in the year to the March quarter 2013.
  • Annually, house prices rose in Darwin (+8.0%), Perth (+6.1%), Sydney (+3.6%), Canberra (+1.5%), Brisbane (+1.4%), Melbourne (+1.1%) and Adelaide (+0.9%) and fell in Hobart (-1.9%).


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
June 2013 6 August 2013
September 2013 4 November 2013
December 2013 4 February 2014
March 2014 6 May 2014



REVISIONS

Estimates for the two most recent quarters of the HPI series are preliminary and subject to revision (see paragraphs 15 to 19 of the Explanatory Notes).


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Neel Tikaram on Sydney (02) 9268 4792.


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