MARCH QTR KEY FIGURES
 | Dec Qtr 04 to Mar Qtr 05 | Mar Qtr 2004 to Mar Qtr 2005 |
Established house prices | % change | % change |
|
Weighted average of eight capital cities | 0.2 | 0.4 |
Sydney | 0.0 | -3.4 |
Melbourne | -1.6 | -1.7 |
Brisbane | 0.5 | 2.5 |
Adelaide | 2.3 | 8.0 |
Perth | 2.1 | 9.9 |
Hobart | 0.5 | 3.2 |
Darwin | 3.8 | 9.6 |
Canberra | 2.6 | -1.3 |
|
Established house prices, Quarterly % change

| Established house prices, Quarterly % change - March quarter 2005

|
MARCH QTR KEY POINTS
ESTABLISHED HOUSE PRICES
QUARTERLY CHANGES
- The price index for established houses in Australia increased 0.2% in the March quarter 2005, compared with an increase of 0.6% in the December quarter 2004.
- House prices rose in Darwin (+3.8%), Canberra (+2.6%), Adelaide (+2.3%), Perth (+2.1%), Brisbane (+0.5%) and Hobart (+0.5%), remained unchanged in Sydney and fell in Melbourne (-1.6%).
ANNUAL CHANGES
- Over the twelve months to March quarter 2005, established house prices rose 0.4%. It was the lowest annual increase since the March quarter 1996.
- Annually, house prices increased in: Perth (+9.9%), Darwin (+9.6%), Adelaide (+8.0%), Hobart (+3.2%) and Brisbane (+2.5%). House prices fell in Sydney (-3.4%), Melbourne (-1.7%) and Canberra (-1.3%).
NOTES
INQUIRIES
For further information about these and related statistics, contact Steve Whennan on Canberra (02) 6252 6251 or the National Information and Referral Service on 1300 135 070.
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