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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

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%).

• 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%).

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.