1301.0 - Year Book Australia, 2003  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 24/01/2003   
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Contents >> Housing >> Value of dwellings

In the 1999-2000 Survey of Income and Housing Costs, owners were asked to estimate the value of their dwelling. These estimates may differ significantly from valuations made by accredited valuers and from an achievable sale price of the dwelling. The extent of the possible difference has not been measured. Therefore some care needs to be exercised in the use of these data.

The median owner-estimated value of dwellings for capital cities was $191,600, 17% higher than the national median ($163,300). The median value was highest in Sydney at $294,000 and lowest in Hobart at $116,500 (table 8.19).


8.19 CAPITAL CITY OWNER HOUSEHOLDS, Value of dwelling(a) by dwelling structure - 1999-2000

Sydney
Melbourne
Brisbane
Adelaide
Perth
Hobart
Canberra
Capital city owner
households(b)
Total owner
households

MEDIAN VALUE OF DWELLING ($’000)

Separate house
302.5
176.5
152.1
128.3
197.2
117.0
168.8
194.4
163.6
Semidetached/row or terrace
house/townhouse
233.3
205.2
*139.2
116.7
128.2
**99.2
*119.8
178.6
163.2
Flat/unit/apartment
256.1
148.3
*166.6
*115.4
*128.5
n.p.
*252.6
188.6
163.4
Total(c)
294.0
176.2
151.2
125.7
176.8
116.5
165.5
191.6
163.3

NUMBER (’000)

Households
1,036.6
954.0
395.2
309.0
381.9
54.1
82.1
3,243.1
5,074.0

(a) As reported by owners.
(b) Includes households in the NT, for which data are not available separately due to high sampling error.
(c) Includes other dwelling structure.

Source: ABS data available on request, Survey of Income and Housing Costs, 1999-2000.



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