Residential Property Price Indexes: Eight Capital Cities

This is not the latest release View the latest release

Estimates of changes in residential property prices and the total value of Australia's dwelling stock, and preliminary housing market activity data

Reference period

September 2021

Released

7/12/2021

View all releases

Key statistics

The weighted average of the eight capital cities Residential Property Price Index:

rose 5.0% this quarter.
rose 21.7% over the last twelve months.

The total value of residential dwellings in Australia rose $487.0b to $9,259.2b this quarter, and the mean price of residential dwellings rose $42,000 to $863,700.

Residential property prices	Jun Qtr 21 to Sep Qtr 21	Sep Qtr 20 to Sep Qtr 21
Residential property prices	% change	% change
Weighted average of eight capital cities	5.0	21.7
Sydney	6.2	25.4
Melbourne	3.6	19.5
Brisbane	6.1	19.7
Adelaide	5.9	19.0
Perth	2.0	15.7
Hobart	8.2	25.7
Darwin	1.6	13.7
Canberra	6.0	25.2

Total value of the dwelling stock in Australia	Sep Qtr 21
Value of dwelling stock(a) ($b)	9,259.2
Mean price of residential dwellings ($'000)	863.7
Number of residential dwellings ('000)	10,720.5

a. all sectors

Residential property prices, weighted average of eight capital cities, quarterly percentage change
	RPPI 8 Caps % change
Sep-19	2.4
Dec-19	3.9
Mar-20	1.6
Jun-20	-1.8
Sep-20	0.8
Dec-20	3
Mar-21	5.4
Jun-21	6.7
Sep-21	5

Residential property prices, weighted average of eight capital cities, quarterly percentage change

["","RPPI 8 Caps % change"]

[["Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21"],[[2.3999999999999999],[3.8999999999999999],[1.6000000000000001],[-1.8],[0.80000000000000004],[3],[5.4000000000000004],[6.7000000000000002],[5]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":"-3","axis_max":"8","tick_interval":"1","precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Residential property prices, quarterly percentage change, September quarter 2021
	Quarterly percentage change
Sydney	6.2
Melbourne	3.6
Brisbane	6.1
Adelaide	5.9
Perth	2
Hobart	8.2
Darwin	1.6
Canberra	6
Average	5

Residential property prices, quarterly percentage change, September quarter 2021

["","Quarterly percentage change"]

[["Sydney","Melbourne","Brisbane","Adelaide","Perth","Hobart","Darwin","Canberra","Average"],[[6.2000000000000002],[3.6000000000000001],[6.0999999999999996],[5.9000000000000004],[2],[8.1999999999999993],[1.6000000000000001],[6],[5]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":"1","axis_max":"9","tick_interval":"1","precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Residential property price indexes

Residential property price indexes
	RPPI (a)	HPI	ADPI
	Jun Qtr 21 to Sep Qtr 21	Jun Qtr 21 to Sep Qtr 21	Jun Qtr 21 to Sep Qtr 21
	% change	% change	% change
Weighted average of eight capital cities	5.0	5.7	3.1
Sydney	6.2	7.4	3.6
Melbourne	3.6	3.8	2.9
Brisbane	6.1	6.9	2.3
Adelaide	5.9	6.8	2.2
Perth	2.0	2.2	1.2
Hobart	8.2	8.3	7.4
Darwin	1.6	1.5	2.1
Canberra	6.0	7.1	2.5

a. See reference to rounding in Methodology page.

The Residential Property Price Index comprises the House Price Index and the Attached Dwellings Price Index.

The Residential Property Price Indexes

Weighted average of the eight capital cities

rose 5.0% this quarter.
rose 21.7% over the last twelve months.

Capital city Residential Property Price Indexes

rose in Sydney (+6.2%), Melbourne (+3.6%), Brisbane (+6.1%), Adelaide (+5.9%), Perth (+2.0%), Canberra (+6.0%), Hobart (+8.2%), and Darwin (+1.6%), this quarter. (The cities are listed in order of their contribution to the quarterly result for the eight capital cities.)
rose in Hobart (+25.7%), Sydney (+25.4%), Canberra (+25.2%), Brisbane (+19.7%), Melbourne (+19.5%), Adelaide (+19.0%), Perth (+15.7%), and Darwin (+13.7%), over the last twelve months.

The graph below shows the growth in capital city Residential Property Price Indexes over the past ten years.

Residential Property Price Indexes, capital cities
	Sydney	Melbourne	Brisbane	Adelaide	Perth	Hobart	Darwin	Canberra	Weighted average of eight capital cities
Sep-11	99.9	101.3	99.9	100.4	99.1	100.6	96.9	98.7	100.2
Dec-11	98.4	100	100.2	100.7	99.4	101.9	98.2	100.9	99.4
Mar-12	100.3	99.4	100	99.3	100.5	99.4	100.8	100.8	100
Jun-12	101.4	99.3	99.9	99.6	101	98.2	104.1	99.5	100.4
Sep-12	100.9	98.6	100.8	99.2	102.1	98.1	105.5	99.5	100.2
Dec-12	103.7	100.4	101.7	100.2	105.2	98.4	107.8	101.8	102.4
Mar-13	104.7	100.8	101.9	99.8	107.5	100	109.6	100.3	103.1
Jun-13	108.7	102.7	103.2	100.9	110.6	100	111	101	105.7
Sep-13	112.8	105.9	104.5	101.3	110.7	101	111.3	101.1	108.3
Dec-13	119	109.7	107.1	104.4	113.9	103.3	112.8	101.8	112.6
Mar-14	121.7	110.7	108.5	105.4	114.8	103.7	114	102.3	114.2
Jun-14	126	112.1	110.5	105.6	114.8	104.1	114.7	103.3	116.4
Sep-14	128.8	113.1	111	106.1	114.5	104.4	114.4	103.5	117.8
Dec-14	133.4	115.2	112.3	107.3	114.5	105.2	113.7	104.3	120.2
Mar-15	137.6	115.9	112.7	108	114.4	105.7	113.5	105.4	122.1
Jun-15	149.8	120.8	113.7	108.5	113.4	105.7	112.6	106.2	127.8
Sep-15	154.4	124.3	115.2	109.8	110.7	106.2	112.1	107.6	130.4
Dec-15	151.9	126.3	117	110.8	111.2	108.9	110.1	110.6	130.6
Mar-16	150.9	127.3	117.3	111.4	109.3	110.1	107.9	110.2	130.4
Jun-16	155.2	130.7	118.6	112.3	108	110.9	105.3	112.6	133
Sep-16	159.3	132.9	118.8	113.3	106.3	113.4	104	113.5	135
Dec-16	167.6	140	121.4	115.3	106.6	118.5	102.4	116.7	140.6
Mar-17	172.7	144.4	121.4	117	105.5	122.5	101.5	120	143.7
Jun-17	176.6	148.7	122.1	117.9	104.7	124.7	100.1	121.5	146.5
Sep-17	174.2	150.4	122.9	118.7	103.7	129	97.5	121.3	146.2
Dec-17	174	154.3	124	119.4	104.8	134	96	123.4	147.6
Mar-18	171.9	153.4	123.3	120	103.9	139.8	94.9	124.5	146.6
Jun-18	169.8	152.1	124.2	120.4	103.8	144	94	125.2	145.6
Sep-18	166.6	148.1	125	121.1	103.2	145.8	93.2	125.8	143.4
Dec-18	160.5	144.5	123.6	121.2	102.2	146.8	92.6	125.6	140
Mar-19	154.2	139	121.7	121	101.1	146.2	90.9	124.5	135.8
Jun-19	153.5	137.9	120.9	120.3	99.7	146.9	89.3	124.7	134.8
Sep-19	159	142.9	121.8	119.9	98.5	148.8	88.2	124.1	138.1
Dec-19	166.4	150.4	124	121.6	99.6	152.8	87.5	128	143.5
Mar-20	169.6	153.5	124.8	122.1	100.2	156.5	88.1	128.2	145.8
Jun-20	165.9	150	123.7	121.1	99.5	155.8	86.9	129.2	143.2
Sep-20	167.6	149.6	125.6	123	100.9	157.7	87.6	130.3	144.3
Dec-20	172.6	154.7	129	126.2	103.8	162.6	89.5	134.7	148.7
Mar-21	183.1	162.6	134.2	131.3	109.2	172.5	93.7	142.2	156.7
Jun-21	197.9	172.5	141.8	138.3	114.4	183.3	98	153.9	167.2
Sep-21	210.1	178.7	150.4	146.4	116.7	198.3	99.6	163.1	175.6

Residential Property Price Indexes, capital cities

["","Sydney","Melbourne","Brisbane","Adelaide","Perth","Hobart","Darwin","Canberra","Weighted average of eight capital cities"]

[["Sep-11","Dec-11","Mar-12","Jun-12","Sep-12","Dec-12","Mar-13","Jun-13","Sep-13","Dec-13","Mar-14","Jun-14","Sep-14","Dec-14","Mar-15","Jun-15","Sep-15","Dec-15","Mar-16","Jun-16","Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21"],[[99.900000000000006],[98.400000000000006],[100.3],[101.40000000000001],[100.90000000000001],[103.7],[104.7],[108.7],[112.8],[119],[121.7],[126],[128.80000000000001],[133.40000000000001],[137.59999999999999],[149.80000000000001],[154.40000000000001],[151.90000000000001],[150.90000000000001],[155.19999999999999],[159.30000000000001],[167.59999999999999],[172.69999999999999],[176.59999999999999],[174.19999999999999],[174],[171.90000000000001],[169.80000000000001],[166.59999999999999],[160.5],[154.19999999999999],[153.5],[159],[166.40000000000001],[169.59999999999999],[165.90000000000001],[167.59999999999999],[172.59999999999999],[183.09999999999999],[197.90000000000001],[210.09999999999999]],[[101.3],[100],[99.400000000000006],[99.299999999999997],[98.599999999999994],[100.40000000000001],[100.8],[102.7],[105.90000000000001],[109.7],[110.7],[112.09999999999999],[113.09999999999999],[115.2],[115.90000000000001],[120.8],[124.3],[126.3],[127.3],[130.69999999999999],[132.90000000000001],[140],[144.40000000000001],[148.69999999999999],[150.40000000000001],[154.30000000000001],[153.40000000000001],[152.09999999999999],[148.09999999999999],[144.5],[139],[137.90000000000001],[142.90000000000001],[150.40000000000001],[153.5],[150],[149.59999999999999],[154.69999999999999],[162.59999999999999],[172.5],[178.69999999999999]],[[99.900000000000006],[100.2],[100],[99.900000000000006],[100.8],[101.7],[101.90000000000001],[103.2],[104.5],[107.09999999999999],[108.5],[110.5],[111],[112.3],[112.7],[113.7],[115.2],[117],[117.3],[118.59999999999999],[118.8],[121.40000000000001],[121.40000000000001],[122.09999999999999],[122.90000000000001],[124],[123.3],[124.2],[125],[123.59999999999999],[121.7],[120.90000000000001],[121.8],[124],[124.8],[123.7],[125.59999999999999],[129],[134.19999999999999],[141.80000000000001],[150.40000000000001]],[[100.40000000000001],[100.7],[99.299999999999997],[99.599999999999994],[99.200000000000003],[100.2],[99.799999999999997],[100.90000000000001],[101.3],[104.40000000000001],[105.40000000000001],[105.59999999999999],[106.09999999999999],[107.3],[108],[108.5],[109.8],[110.8],[111.40000000000001],[112.3],[113.3],[115.3],[117],[117.90000000000001],[118.7],[119.40000000000001],[120],[120.40000000000001],[121.09999999999999],[121.2],[121],[120.3],[119.90000000000001],[121.59999999999999],[122.09999999999999],[121.09999999999999],[123],[126.2],[131.30000000000001],[138.30000000000001],[146.40000000000001]],[[99.099999999999994],[99.400000000000006],[100.5],[101],[102.09999999999999],[105.2],[107.5],[110.59999999999999],[110.7],[113.90000000000001],[114.8],[114.8],[114.5],[114.5],[114.40000000000001],[113.40000000000001],[110.7],[111.2],[109.3],[108],[106.3],[106.59999999999999],[105.5],[104.7],[103.7],[104.8],[103.90000000000001],[103.8],[103.2],[102.2],[101.09999999999999],[99.700000000000003],[98.5],[99.599999999999994],[100.2],[99.5],[100.90000000000001],[103.8],[109.2],[114.40000000000001],[116.7]],[[100.59999999999999],[101.90000000000001],[99.400000000000006],[98.200000000000003],[98.099999999999994],[98.400000000000006],[100],[100],[101],[103.3],[103.7],[104.09999999999999],[104.40000000000001],[105.2],[105.7],[105.7],[106.2],[108.90000000000001],[110.09999999999999],[110.90000000000001],[113.40000000000001],[118.5],[122.5],[124.7],[129],[134],[139.80000000000001],[144],[145.80000000000001],[146.80000000000001],[146.19999999999999],[146.90000000000001],[148.80000000000001],[152.80000000000001],[156.5],[155.80000000000001],[157.69999999999999],[162.59999999999999],[172.5],[183.30000000000001],[198.30000000000001]],[[96.900000000000006],[98.200000000000003],[100.8],[104.09999999999999],[105.5],[107.8],[109.59999999999999],[111],[111.3],[112.8],[114],[114.7],[114.40000000000001],[113.7],[113.5],[112.59999999999999],[112.09999999999999],[110.09999999999999],[107.90000000000001],[105.3],[104],[102.40000000000001],[101.5],[100.09999999999999],[97.5],[96],[94.900000000000006],[94],[93.200000000000003],[92.599999999999994],[90.900000000000006],[89.299999999999997],[88.200000000000003],[87.5],[88.099999999999994],[86.900000000000006],[87.599999999999994],[89.5],[93.700000000000003],[98],[99.599999999999994]],[[98.700000000000003],[100.90000000000001],[100.8],[99.5],[99.5],[101.8],[100.3],[101],[101.09999999999999],[101.8],[102.3],[103.3],[103.5],[104.3],[105.40000000000001],[106.2],[107.59999999999999],[110.59999999999999],[110.2],[112.59999999999999],[113.5],[116.7],[120],[121.5],[121.3],[123.40000000000001],[124.5],[125.2],[125.8],[125.59999999999999],[124.5],[124.7],[124.09999999999999],[128],[128.19999999999999],[129.19999999999999],[130.30000000000001],[134.69999999999999],[142.19999999999999],[153.90000000000001],[163.09999999999999]],[[100.2],[99.400000000000006],[100],[100.40000000000001],[100.2],[102.40000000000001],[103.09999999999999],[105.7],[108.3],[112.59999999999999],[114.2],[116.40000000000001],[117.8],[120.2],[122.09999999999999],[127.8],[130.40000000000001],[130.59999999999999],[130.40000000000001],[133],[135],[140.59999999999999],[143.69999999999999],[146.5],[146.19999999999999],[147.59999999999999],[146.59999999999999],[145.59999999999999],[143.40000000000001],[140],[135.80000000000001],[134.80000000000001],[138.09999999999999],[143.5],[145.80000000000001],[143.19999999999999],[144.30000000000001],[148.69999999999999],[156.69999999999999],[167.19999999999999],[175.59999999999999]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"Index Number","axis_units":"","tooltip_units":"","table_units":"","axis_min":"75","axis_max":"225","tick_interval":"25","precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

2011-12 = 100.0

Weighted average of the eight capital cities (+5.0%)

Weighted average of 8 capital cities, quarterly percentage change
	House Price Index	Attached Dwelling Price Index	Residential Property Price Index
Sep-16	1.6	1.2	1.5
Dec-16	4.7	2.3	4.1
Mar-17	2.4	1.7	2.2
Jun-17	1.9	1.9	1.9
Sep-17	0	-0.8	-0.2
Dec-17	1.1	0.6	1
Mar-18	-0.8	-0.7	-0.7
Jun-18	-0.6	-0.7	-0.7
Sep-18	-1.7	-1	-1.5
Dec-18	-2.6	-1.9	-2.4
Mar-19	-3.1	-3	-3
Jun-19	-0.6	-0.8	-0.7
Sep-19	2.5	2.5	2.4
Dec-19	4.2	3.4	3.9
Mar-20	2	0.7	1.6
Jun-20	-2.1	-1.2	-1.8
Sep-20	1	0.3	0.8
Dec-20	3.5	1.8	3
Mar-21	6.4	2.7	5.4
Jun-21	7.7	4.3	6.7
Sep-21	5.7	3.1	5

Weighted average of 8 capital cities, quarterly percentage change

["","House Price Index","Attached Dwelling Price Index","Residential Property Price Index"]

[["Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21"],[[1.6000000000000001],[4.7000000000000002],[2.3999999999999999],[1.8999999999999999],[0],[1.1000000000000001],[-0.80000000000000004],[-0.59999999999999998],[-1.7],[-2.6000000000000001],[-3.1000000000000001],[-0.59999999999999998],[2.5],[4.2000000000000002],[2],[-2.1000000000000001],[1],[3.5],[6.4000000000000004],[7.7000000000000002],[5.7000000000000002]],[[1.2],[2.2999999999999998],[1.7],[1.8999999999999999],[-0.80000000000000004],[0.59999999999999998],[-0.69999999999999996],[-0.69999999999999996],[-1],[-1.8999999999999999],[-3],[-0.80000000000000004],[2.5],[3.3999999999999999],[0.69999999999999996],[-1.2],[0.29999999999999999],[1.8],[2.7000000000000002],[4.2999999999999998],[3.1000000000000001]],[[1.5],[4.0999999999999996],[2.2000000000000002],[1.8999999999999999],[-0.20000000000000001],[1],[-0.69999999999999996],[-0.69999999999999996],[-1.5],[-2.3999999999999999],[-3],[-0.69999999999999996],[2.3999999999999999],[3.8999999999999999],[1.6000000000000001],[-1.8],[0.80000000000000004],[3],[5.4000000000000004],[6.7000000000000002],[5]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Residential Property Price Index

rose 5.0% this quarter, following a rise of 6.7% in the June quarter 2021
rose 21.7% over the last twelve months. This is the largest annual rise since the commencement of the series, in the September quarter 2003.

Price rises were observed in all capital cities in the September quarter 2021, with the result mainly driven by the Sydney property market (+6.2%).

Residential property price growth moderated in Sydney, Melbourne, Perth, Darwin and Canberra in the September quarter 2021. Brisbane, Adelaide and Hobart, on the other hand, all recorded stronger property price growth compared to the June quarter 2021.

Results are consistent with conditions in the housing market. Continued solid growth in residential property prices was supported by record low interest rates, strong demand and low levels of stock on the market.

During the September quarter 2021, COVID-19 restrictions were imposed in Sydney, Melbourne and Canberra. The number of residential property transactions fell in all three cities, with Melbourne the most heavily affected.

House Price Index

rose 5.7% this quarter, following a rise of 7.7% in the June quarter 2021.
rose 25.4% over the last twelve months. This is the largest annual rise since the commencement of the series.

Attached Dwellings Price Index

rose 3.1% this quarter, following a rise of 4.3% in the June quarter 2021.
rose 12.4% over the last twelve months.

Sydney (+6.2%)

Sydney, quarterly percentage change
	House Price Index	Attached Dwelling Price Index	Residential Property Price Index
Sep-16	2.9	2.1	2.6
Dec-16	6.1	3.1	5.2
Mar-17	2.9	3.4	3
Jun-17	2.1	2.6	2.3
Sep-17	-1.3	-1.4	-1.4
Dec-17	-0.2	0	-0.1
Mar-18	-1.4	-0.7	-1.2
Jun-18	-1.2	-1.3	-1.2
Sep-18	-2.1	-1.3	-1.9
Dec-18	-3.9	-3.2	-3.7
Mar-19	-4.2	-3.3	-3.9
Jun-19	-0.2	-1	-0.5
Sep-19	4	2.8	3.6
Dec-19	5.2	3.8	4.7
Mar-20	2.6	0.8	1.9
Jun-20	-2.6	-1.4	-2.2
Sep-20	1.4	0.2	1
Dec-20	3.9	1.4	3
Mar-21	8	2.6	6.1
Jun-21	9.6	5.1	8.1
Sep-21	7.4	3.6	6.2

Sydney, quarterly percentage change

["","House Price Index","Attached Dwelling Price Index","Residential Property Price Index"]

[["Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21"],[[2.8999999999999999],[6.0999999999999996],[2.8999999999999999],[2.1000000000000001],[-1.3],[-0.20000000000000001],[-1.3999999999999999],[-1.2],[-2.1000000000000001],[-3.8999999999999999],[-4.2000000000000002],[-0.20000000000000001],[4],[5.2000000000000002],[2.6000000000000001],[-2.6000000000000001],[1.3999999999999999],[3.8999999999999999],[8],[9.5999999999999996],[7.4000000000000004]],[[2.1000000000000001],[3.1000000000000001],[3.3999999999999999],[2.6000000000000001],[-1.3999999999999999],[0],[-0.69999999999999996],[-1.3],[-1.3],[-3.2000000000000002],[-3.2999999999999998],[-1],[2.7999999999999998],[3.7999999999999998],[0.80000000000000004],[-1.3999999999999999],[0.20000000000000001],[1.3999999999999999],[2.6000000000000001],[5.0999999999999996],[3.6000000000000001]],[[2.6000000000000001],[5.2000000000000002],[3],[2.2999999999999998],[-1.3999999999999999],[-0.10000000000000001],[-1.2],[-1.2],[-1.8999999999999999],[-3.7000000000000002],[-3.8999999999999999],[-0.5],[3.6000000000000001],[4.7000000000000002],[1.8999999999999999],[-2.2000000000000002],[1],[3],[6.0999999999999996],[8.0999999999999996],[6.2000000000000002]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Residential Property Price Index

rose 6.2% this quarter, following a rise of 8.1% in the June quarter 2021.
rose 25.4% over the last twelve months. This is the largest annual rise since the commencement of the series.

House Price Index

rose 7.4% this quarter, following a rise of 9.6% in the June quarter 2021.
rose 32.1% over the last twelve months. This is the largest annual rise since the commencement of the series.

Price rises were most evident in the middle ($1.0m to $2.7m) segments of the market.

Attached Dwellings Price Index

rose 3.6% this quarter, following a rise of 5.1% in the June quarter 2021.
rose 13.4% over the last twelve months.

Price rises were most evident in the middle ($835,000 to $1.3m) market segments.

Melbourne (+3.6%)

Melbourne, quarterly percentage change
	House Price Index	Attached Dwelling Price Index	Residential Property Price Index
Sep-16	2.1	0.3	1.7
Dec-16	6	2.8	5.3
Mar-17	4.1	-0.7	3.1
Jun-17	3	2.7	3
Sep-17	1.6	-0.4	1.1
Dec-17	2.6	2.6	2.6
Mar-18	-0.5	-0.5	-0.6
Jun-18	-1	-0.2	-0.8
Sep-18	-3	-1.1	-2.6
Dec-18	-3.2	-0.2	-2.4
Mar-19	-3.7	-4.2	-3.8
Jun-19	-1	-0.3	-0.8
Sep-19	3.7	3.6	3.6
Dec-19	5.5	4.3	5.2
Mar-20	2.3	1.5	2.1
Jun-20	-2.8	-1	-2.3
Sep-20	-0.3	-0.2	-0.3
Dec-20	3.7	2.5	3.4
Mar-21	6	2.5	5.1
Jun-21	7.2	2.9	6.1
Sep-21	3.8	2.9	3.6

Melbourne, quarterly percentage change

["","House Price Index","Attached Dwelling Price Index","Residential Property Price Index"]

[["Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21"],[[2.1000000000000001],[6],[4.0999999999999996],[3],[1.6000000000000001],[2.6000000000000001],[-0.5],[-1],[-3],[-3.2000000000000002],[-3.7000000000000002],[-1],[3.7000000000000002],[5.5],[2.2999999999999998],[-2.7999999999999998],[-0.29999999999999999],[3.7000000000000002],[6],[7.2000000000000002],[3.7999999999999998]],[[0.29999999999999999],[2.7999999999999998],[-0.69999999999999996],[2.7000000000000002],[-0.40000000000000002],[2.6000000000000001],[-0.5],[-0.20000000000000001],[-1.1000000000000001],[-0.20000000000000001],[-4.2000000000000002],[-0.29999999999999999],[3.6000000000000001],[4.2999999999999998],[1.5],[-1],[-0.20000000000000001],[2.5],[2.5],[2.8999999999999999],[2.8999999999999999]],[[1.7],[5.2999999999999998],[3.1000000000000001],[3],[1.1000000000000001],[2.6000000000000001],[-0.59999999999999998],[-0.80000000000000004],[-2.6000000000000001],[-2.3999999999999999],[-3.7999999999999998],[-0.80000000000000004],[3.6000000000000001],[5.2000000000000002],[2.1000000000000001],[-2.2999999999999998],[-0.29999999999999999],[3.3999999999999999],[5.0999999999999996],[6.0999999999999996],[3.6000000000000001]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Residential Property Price Index

rose 3.6% this quarter, following a rise of 6.1% in the June quarter 2021.
rose 19.5% over the last twelve months.

House Price Index

rose 3.8% this quarter, following a rise of 7.2% in the June quarter 2021.
rose 22.4% over the last twelve months.

Price rises were most evident in the middle to upper ($1.1m and above) market segments.

Attached Dwellings Price Index

rose 2.9% this quarter, following a rise of 2.9% in the June quarter 2021.
rose 11.2% over the last twelve months.

Price rises were most evident in the middle to upper ($630,000 and above) segments of the market.

Brisbane (+6.1%)

Brisbane, quarterly percentage change
	House Price Index	Attached Dwelling Price Index	Residential Property Price Index
Sep-16	0.3	-0.6	0.2
Dec-16	2.9	-1.3	2.2
Mar-17	-0.2	0.6	0
Jun-17	0.8	0	0.6
Sep-17	0.6	0.4	0.7
Dec-17	1.4	-1.2	0.9
Mar-18	-0.8	0.3	-0.6
Jun-18	0.9	0.4	0.7
Sep-18	0.8	-0.2	0.6
Dec-18	-1	-1.4	-1.1
Mar-19	-1.5	-1.6	-1.5
Jun-19	-0.9	-0.1	-0.7
Sep-19	0.9	0.4	0.7
Dec-19	2	0.8	1.8
Mar-20	1.1	-1	0.6
Jun-20	-0.9	-0.8	-0.9
Sep-20	1.6	1.3	1.5
Dec-20	2.9	1.6	2.7
Mar-21	4.6	1.9	4
Jun-21	6.2	3.1	5.7
Sep-21	6.9	2.3	6.1

Brisbane, quarterly percentage change

["","House Price Index","Attached Dwelling Price Index","Residential Property Price Index"]

[["Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21"],[[0.29999999999999999],[2.8999999999999999],[-0.20000000000000001],[0.80000000000000004],[0.59999999999999998],[1.3999999999999999],[-0.80000000000000004],[0.90000000000000002],[0.80000000000000004],[-1],[-1.5],[-0.90000000000000002],[0.90000000000000002],[2],[1.1000000000000001],[-0.90000000000000002],[1.6000000000000001],[2.8999999999999999],[4.5999999999999996],[6.2000000000000002],[6.9000000000000004]],[[-0.59999999999999998],[-1.3],[0.59999999999999998],[0],[0.40000000000000002],[-1.2],[0.29999999999999999],[0.40000000000000002],[-0.20000000000000001],[-1.3999999999999999],[-1.6000000000000001],[-0.10000000000000001],[0.40000000000000002],[0.80000000000000004],[-1],[-0.80000000000000004],[1.3],[1.6000000000000001],[1.8999999999999999],[3.1000000000000001],[2.2999999999999998]],[[0.20000000000000001],[2.2000000000000002],[0],[0.59999999999999998],[0.69999999999999996],[0.90000000000000002],[-0.59999999999999998],[0.69999999999999996],[0.59999999999999998],[-1.1000000000000001],[-1.5],[-0.69999999999999996],[0.69999999999999996],[1.8],[0.59999999999999998],[-0.90000000000000002],[1.5],[2.7000000000000002],[4],[5.7000000000000002],[6.0999999999999996]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Residential Property Price Index

rose 6.1% this quarter, following a rise of 5.7% in the June quarter 2021.
rose 19.7% over the last twelve months.

House Price Index

rose 6.9% this quarter.
rose 22.2% over the last twelve months.

Price rises were observed across all segments of the market.

Attached Dwellings Price Index

rose 2.3% this quarter.
rose 9.2% over the last twelve months.

Price rises were most evident in the middle ($320,000 to $410,000) market segments.

Adelaide (+5.9%)

Adelaide, quarterly percentage change
	House Price Index	Attached Dwelling Price Index	Residential Property Price Index
Sep-16	1	0.7	0.9
Dec-16	1.7	2.4	1.8
Mar-17	1.8	-0.1	1.5
Jun-17	0.5	1.9	0.8
Sep-17	0.5	1.4	0.7
Dec-17	0.7	0.2	0.6
Mar-18	1	-1.5	0.5
Jun-18	0.2	1.1	0.3
Sep-18	0.4	1.2	0.6
Dec-18	0.1	-0.2	0.1
Mar-19	-0.2	-0.1	-0.2
Jun-19	-0.7	0	-0.6
Sep-19	-0.3	-0.4	-0.3
Dec-19	1.6	0.6	1.4
Mar-20	0.4	0.4	0.4
Jun-20	-1	-0.2	-0.8
Sep-20	1.9	0.9	1.6
Dec-20	2.6	2.2	2.6
Mar-21	4.3	3.2	4
Jun-21	6.1	2.5	5.3
Sep-21	6.8	2.2	5.9

Adelaide, quarterly percentage change

["","House Price Index","Attached Dwelling Price Index","Residential Property Price Index"]

[["Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21"],[[1],[1.7],[1.8],[0.5],[0.5],[0.69999999999999996],[1],[0.20000000000000001],[0.40000000000000002],[0.10000000000000001],[-0.20000000000000001],[-0.69999999999999996],[-0.29999999999999999],[1.6000000000000001],[0.40000000000000002],[-1],[1.8999999999999999],[2.6000000000000001],[4.2999999999999998],[6.0999999999999996],[6.7999999999999998]],[[0.69999999999999996],[2.3999999999999999],[-0.10000000000000001],[1.8999999999999999],[1.3999999999999999],[0.20000000000000001],[-1.5],[1.1000000000000001],[1.2],[-0.20000000000000001],[-0.10000000000000001],[0],[-0.40000000000000002],[0.59999999999999998],[0.40000000000000002],[-0.20000000000000001],[0.90000000000000002],[2.2000000000000002],[3.2000000000000002],[2.5],[2.2000000000000002]],[[0.90000000000000002],[1.8],[1.5],[0.80000000000000004],[0.69999999999999996],[0.59999999999999998],[0.5],[0.29999999999999999],[0.59999999999999998],[0.10000000000000001],[-0.20000000000000001],[-0.59999999999999998],[-0.29999999999999999],[1.3999999999999999],[0.40000000000000002],[-0.80000000000000004],[1.6000000000000001],[2.6000000000000001],[4],[5.2999999999999998],[5.9000000000000004]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Residential Property Price Index

rose 5.9% this quarter, following a rise of 5.3% in the June quarter 2021.
rose 19.0% over the last twelve months.

House Price Index

rose 6.8% this quarter.
rose 21.2% over the last twelve months.

Attached Dwellings Price Index

rose 2.2% this quarter.
rose 10.6% over the last twelve months.

Perth (+2.0%)

Perth, quarterly percentage change
	House Price Index	Attached Dwelling Price Index	Residential Property Price Index
Sep-16	-1.8	-0.8	-1.6
Dec-16	0.8	-1.7	0.3
Mar-17	-1.2	-0.9	-1
Jun-17	-0.6	-1.5	-0.8
Sep-17	-0.9	-1.3	-1
Dec-17	1.3	-0.2	1.1
Mar-18	-1	-0.2	-0.9
Jun-18	0.2	-1.2	-0.1
Sep-18	-0.5	-1.1	-0.6
Dec-18	-0.9	-1.5	-1
Mar-19	-1.3	-0.1	-1.1
Jun-19	-1.1	-2.5	-1.4
Sep-19	-1.7	1	-1.2
Dec-19	1.4	-0.1	1.1
Mar-20	0.8	-0.5	0.6
Jun-20	-0.3	-2.1	-0.7
Sep-20	1.5	1.3	1.4
Dec-20	3	2.2	2.9
Mar-21	5.5	3.9	5.2
Jun-21	5	4.2	4.8
Sep-21	2.2	1.2	2

Perth, quarterly percentage change

["","House Price Index","Attached Dwelling Price Index","Residential Property Price Index"]

[["Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21"],[[-1.8],[0.80000000000000004],[-1.2],[-0.59999999999999998],[-0.90000000000000002],[1.3],[-1],[0.20000000000000001],[-0.5],[-0.90000000000000002],[-1.3],[-1.1000000000000001],[-1.7],[1.3999999999999999],[0.80000000000000004],[-0.29999999999999999],[1.5],[3],[5.5],[5],[2.2000000000000002]],[[-0.80000000000000004],[-1.7],[-0.90000000000000002],[-1.5],[-1.3],[-0.20000000000000001],[-0.20000000000000001],[-1.2],[-1.1000000000000001],[-1.5],[-0.10000000000000001],[-2.5],[1],[-0.10000000000000001],[-0.5],[-2.1000000000000001],[1.3],[2.2000000000000002],[3.8999999999999999],[4.2000000000000002],[1.2]],[[-1.6000000000000001],[0.29999999999999999],[-1],[-0.80000000000000004],[-1],[1.1000000000000001],[-0.90000000000000002],[-0.10000000000000001],[-0.59999999999999998],[-1],[-1.1000000000000001],[-1.3999999999999999],[-1.2],[1.1000000000000001],[0.59999999999999998],[-0.69999999999999996],[1.3999999999999999],[2.8999999999999999],[5.2000000000000002],[4.7999999999999998],[2]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Residential Property Price Index

rose 2.0% this quarter, following a rise of 4.8% in the June quarter 2021.
rose 15.7% over the last twelve months.

House Price Index

rose 2.2% this quarter.
rose 16.6% over the last twelve months.

Attached Dwellings Price Index

rose 1.2% this quarter.
rose 11.9% over the last twelve months.

Hobart (+8.2%)

Hobart, quarterly percentage change
	House Price Index	Attached Dwelling Price Index	Residential Property Price Index
Sep-16	2.2	2.1	2.3
Dec-16	4.4	5.4	4.5
Mar-17	3.1	5.1	3.4
Jun-17	2	0.6	1.8
Sep-17	3	5.9	3.4
Dec-17	4	3.9	3.9
Mar-18	4.9	0.6	4.3
Jun-18	2.8	4	3
Sep-18	0.9	3	1.3
Dec-18	0.3	3.3	0.7
Mar-19	-0.2	-1.2	-0.4
Jun-19	0.3	0.9	0.5
Sep-19	1.5	0.1	1.3
Dec-19	2.6	3.5	2.7
Mar-20	2.4	2.4	2.4
Jun-20	-0.4	-0.4	-0.4
Sep-20	1.2	0.9	1.2
Dec-20	3.2	3.1	3.1
Mar-21	6.2	4.9	6.1
Jun-21	6.3	6.4	6.3
Sep-21	8.3	7.4	8.2

Hobart, quarterly percentage change

["","House Price Index","Attached Dwelling Price Index","Residential Property Price Index"]

[["Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21"],[[2.2000000000000002],[4.4000000000000004],[3.1000000000000001],[2],[3],[4],[4.9000000000000004],[2.7999999999999998],[0.90000000000000002],[0.29999999999999999],[-0.20000000000000001],[0.29999999999999999],[1.5],[2.6000000000000001],[2.3999999999999999],[-0.40000000000000002],[1.2],[3.2000000000000002],[6.2000000000000002],[6.2999999999999998],[8.3000000000000007]],[[2.1000000000000001],[5.4000000000000004],[5.0999999999999996],[0.59999999999999998],[5.9000000000000004],[3.8999999999999999],[0.59999999999999998],[4],[3],[3.2999999999999998],[-1.2],[0.90000000000000002],[0.10000000000000001],[3.5],[2.3999999999999999],[-0.40000000000000002],[0.90000000000000002],[3.1000000000000001],[4.9000000000000004],[6.4000000000000004],[7.4000000000000004]],[[2.2999999999999998],[4.5],[3.3999999999999999],[1.8],[3.3999999999999999],[3.8999999999999999],[4.2999999999999998],[3],[1.3],[0.69999999999999996],[-0.40000000000000002],[0.5],[1.3],[2.7000000000000002],[2.3999999999999999],[-0.40000000000000002],[1.2],[3.1000000000000001],[6.0999999999999996],[6.2999999999999998],[8.1999999999999993]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Residential Property Price Index

rose 8.2% this quarter, following a rise of 6.3% in the June quarter 2021.
rose 25.7% over the last twelve months. This is the largest annual rise since the commencement of the series.

House Price Index

rose 8.3% this quarter.
rose 26.3% over the last twelve months.

Attached Dwellings Price Index

rose 7.4% this quarter.
rose 23.4% over the last twelve months. This is the largest annual rise since the commencement of the series.

Darwin (+1.6%)

Darwin, quarterly percentage change
	House Price Index	Attached Dwelling Price Index	Residential Property Price Index
Sep-16	-2.2	0.8	-1.2
Dec-16	-1.2	-2.5	-1.5
Mar-17	-0.4	-2.1	-0.9
Jun-17	-1.1	-1.8	-1.4
Sep-17	-2.5	-2.8	-2.6
Dec-17	-1	-2.8	-1.5
Mar-18	-0.2	-3.4	-1.1
Jun-18	-0.7	-1.7	-0.9
Sep-18	0	-2.7	-0.9
Dec-18	0.1	-2.2	-0.6
Mar-19	-2	-1.5	-1.8
Jun-19	-1.5	-2.6	-1.8
Sep-19	-0.6	-2.6	-1.2
Dec-19	-0.8	-0.6	-0.8
Mar-20	0.8	0.5	0.7
Jun-20	-1.4	-1.4	-1.4
Sep-20	1	0.3	0.8
Dec-20	2.4	1.8	2.2
Mar-21	5.6	2.5	4.7
Jun-21	4.2	5.2	4.6
Sep-21	1.5	2.1	1.6

Darwin, quarterly percentage change

["","House Price Index","Attached Dwelling Price Index","Residential Property Price Index"]

[["Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21"],[[-2.2000000000000002],[-1.2],[-0.40000000000000002],[-1.1000000000000001],[-2.5],[-1],[-0.20000000000000001],[-0.69999999999999996],[0],[0.10000000000000001],[-2],[-1.5],[-0.59999999999999998],[-0.80000000000000004],[0.80000000000000004],[-1.3999999999999999],[1],[2.3999999999999999],[5.5999999999999996],[4.2000000000000002],[1.5]],[[0.80000000000000004],[-2.5],[-2.1000000000000001],[-1.8],[-2.7999999999999998],[-2.7999999999999998],[-3.3999999999999999],[-1.7],[-2.7000000000000002],[-2.2000000000000002],[-1.5],[-2.6000000000000001],[-2.6000000000000001],[-0.59999999999999998],[0.5],[-1.3999999999999999],[0.29999999999999999],[1.8],[2.5],[5.2000000000000002],[2.1000000000000001]],[[-1.2],[-1.5],[-0.90000000000000002],[-1.3999999999999999],[-2.6000000000000001],[-1.5],[-1.1000000000000001],[-0.90000000000000002],[-0.90000000000000002],[-0.59999999999999998],[-1.8],[-1.8],[-1.2],[-0.80000000000000004],[0.69999999999999996],[-1.3999999999999999],[0.80000000000000004],[2.2000000000000002],[4.7000000000000002],[4.5999999999999996],[1.6000000000000001]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Residential Property Price Index

rose 1.6% this quarter, following a rise of 4.6% in the June quarter 2021.
rose 13.7% over the last twelve months.

House Price Index

rose 1.5% this quarter.
rose 14.5% over the last twelve months.

Attached Dwellings Price Index

rose 2.1% this quarter.
rose 12.1% over the last twelve months.

Canberra (+6.0%)

Canberra, quarterly percentage change
	House Price Index	Attached Dwelling Price Index	Residential Property Price Index
Sep-16	0.8	0.8	0.8
Dec-16	3	2.3	2.8
Mar-17	3.6	-0.2	2.8
Jun-17	1.4	0.8	1.3
Sep-17	0.2	-1.1	-0.2
Dec-17	1.6	1.9	1.7
Mar-18	1.5	-1.2	0.9
Jun-18	0.5	0.9	0.6
Sep-18	0.5	0.7	0.5
Dec-18	-0.4	0.2	-0.2
Mar-19	-1.1	-0.1	-0.9
Jun-19	0.6	-1.2	0.2
Sep-19	-1.4	2.4	-0.5
Dec-19	3.3	2.7	3.1
Mar-20	1	-2.4	0.2
Jun-20	0.8	0.7	0.8
Sep-20	0.9	0.8	0.9
Dec-20	3.5	3.1	3.4
Mar-21	6.4	3	5.6
Jun-21	8.9	6	8.2
Sep-21	7.1	2.5	6

Canberra, quarterly percentage change

["","House Price Index","Attached Dwelling Price Index","Residential Property Price Index"]

[["Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21"],[[0.80000000000000004],[3],[3.6000000000000001],[1.3999999999999999],[0.20000000000000001],[1.6000000000000001],[1.5],[0.5],[0.5],[-0.40000000000000002],[-1.1000000000000001],[0.59999999999999998],[-1.3999999999999999],[3.2999999999999998],[1],[0.80000000000000004],[0.90000000000000002],[3.5],[6.4000000000000004],[8.9000000000000004],[7.0999999999999996]],[[0.80000000000000004],[2.2999999999999998],[-0.20000000000000001],[0.80000000000000004],[-1.1000000000000001],[1.8999999999999999],[-1.2],[0.90000000000000002],[0.69999999999999996],[0.20000000000000001],[-0.10000000000000001],[-1.2],[2.3999999999999999],[2.7000000000000002],[-2.3999999999999999],[0.69999999999999996],[0.80000000000000004],[3.1000000000000001],[3],[6],[2.5]],[[0.80000000000000004],[2.7999999999999998],[2.7999999999999998],[1.3],[-0.20000000000000001],[1.7],[0.90000000000000002],[0.59999999999999998],[0.5],[-0.20000000000000001],[-0.90000000000000002],[0.20000000000000001],[-0.5],[3.1000000000000001],[0.20000000000000001],[0.80000000000000004],[0.90000000000000002],[3.3999999999999999],[5.5999999999999996],[8.1999999999999993],[6]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Residential Property Price Index

rose 6.0% this quarter, following a rise of 8.2% in the June quarter 2021.
rose 25.2% over the last twelve months. This is the largest annual rise since the commencement of the series.

House Price Index

rose 7.1% this quarter.
rose 28.5% over the last twelve months.

Attached Dwellings Price Index

rose 2.5% this quarter.
rose 15.3% over the last twelve months.

Total value of dwelling stock

Total value of dwelling stock, Australia
	Total value of dwelling stock ($m)
Sep-16	6,178,718.9
Dec-16	6,441,224.4
Mar-17	6,601,671.7
Jun-17	6,771,343.5
Sep-17	6,779,347.8
Dec-17	6,946,229.3
Mar-18	6,957,246.1
Jun-18	6,920,978.3
Sep-18	6,860,065.3
Dec-18	6,788,971.4
Mar-19	6,656,041.1
Jun-19	6,720,484.5
Sep-19	6,951,369.8
Dec-19	7,170,832.2
Mar-20	7,278,072.7
Jun-20	7,251,093.3
Sep-20	7,487,531.1
Dec-20	7,886,460.5
Mar-21	8,360,913.5
Jun-21	8,772,223.2
Sep-21	9,259,230.6

Total value of dwelling stock, Australia

["","Total value of dwelling stock ($m)"]

[["Sep-16","Dec-16","Mar-17","Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21"],[[6178718.9000000004],[6441224.4000000004],[6601671.7000000002],[6771343.5],[6779347.7999999998],[6946229.2999999998],[6957246.0999999996],[6920978.2999999998],[6860065.2999999998],[6788971.4000000004],[6656041.0999999996],[6720484.5],[6951369.7999999998],[7170832.2000000002],[7278072.7000000002],[7251093.2999999998],[7487531.0999999996],[7886460.5],[8360913.5],[8772223.1999999993],[9259230.5999999996]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"","table_units":"","axis_min":"6000000","axis_max":"9400000","tick_interval":"400000","precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

The preliminary estimate of the total value of residential dwellings in Australia in the September quarter 2021 was $9,259.2 billion, up $487.0 billion from $8,772.2 billion in the June quarter 2021.

This was the first time that the total value of residential dwellings has exceeded $9 trillion. Of the total value of residential dwellings, $8,849.7 billion was owned by households.

The number of residential dwellings rose by 44,600 to 10,720,500, and the mean price of residential dwellings rose $42,000 to $863,700, this quarter.

The value of residential dwellings in NSW this quarter was $3,707.7 billion, approximately 40 per cent of the total value of dwellings in Australia.

Mean dwelling price, states and territories, September quarter 2021
	Mean price ($'000)
NSW	1,118.2
VIC	920.8
QLD	681
SA	576.8
WA	597.1
TAS	616.5
NT	476.9
ACT	949.7
Australia	863.7

Mean dwelling price, states and territories, September quarter 2021

["","Mean price ($'000)"]

[["NSW","VIC","QLD","SA","WA","TAS","NT","ACT","Australia"],[[1118.2],[920.79999999999995],[681],[576.79999999999995],[597.10000000000002],[616.5],[476.89999999999998],[949.70000000000005],[863.70000000000005]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$'000","axis_units":"","tooltip_units":"","table_units":"","axis_min":"0","axis_max":"1200","tick_interval":"100","precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

The mean price of residential dwellings in NSW rose by $65,100 to $1,118,200 and was the highest in the country. The second highest mean price was in the Australian Capital Territory ($949,700), followed by Victoria ($920,800). The lowest mean price ($476,900) was in the Northern Territory.

Notes

Revisions

Revisions apply to estimates for the second and third most recent quarters of the total value of dwelling stock and its components (see Revisions, under Total value of dwelling stock, in the Methodology page), and to median prices and transfers (see Revisions, under Dwelling transfer counts and median prices, in the Methodology page). Revisions to these estimates for previous quarters are standard practice in these series.

Use of price indexes in contracts

Price indexes published by the Australian Bureau of Statistics (ABS) provide summary measures of the movements in various categories of prices over time. They are published primarily for use in Government economic analysis. Price indexes are also often used in contracts by businesses and government to adjust payments and/or charges to take account of changes in categories of prices (Indexation Clauses).

Use of Price Indexes in Contracts sets out a range of issues that should be taken into account by parties considering including an Indexation Clause in a contract using an ABS published price index.

Previous catalogue number

This release previously used catalogue number 6416.0

Data downloads

Changes to Excel file format

We will transition to releasing Excel files in .XLSX format from the December quarter 2021 release.

Download all (365.65 KB)

Data downloads

Data files

Table 1. Residential property price index, index numbers and percentage changes
Download xls [109.5 KB]
Table 2. Established house price index, index numbers and percentage changes
Download xls [111.5 KB]
Table 3. Attached dwellings price index, index numbers and percentage changes
Download xls [113 KB]
Table 4 and 5. Median price (unstratified) and number of transfers (capital city and rest of state)
Download xls [312 KB]
Table 6. Value of residential dwellings, all series
Download xls [172.5 KB]
Table 7. All index numbers
Download xls [144 KB]
Table 8. Established house price index, index numbers, pre-September quarter 2005 methodology
Download xls [54 KB]

Methodology

Residential Property Price Indexes: Eight Capital Cities methodology, September 2021

Do you need more detailed statistics?

Request data

We can provide customised data to meet your requirements

Request a quote

Microdata and TableBuilder

We can provide access to detailed, customisable data on selected topics

View available Microdata and TableBuilder

APA

Citation

Residential Property Price Indexes: Eight Capital Cities

APA

Citation

Key statistics

Residential property price indexes

Weighted average of the eight capital cities (+5.0%)

Sydney (+6.2%)

Melbourne (+3.6%)

Brisbane (+6.1%)

Adelaide (+5.9%)

Perth (+2.0%)

Hobart (+8.2%)

Darwin (+1.6%)

Canberra (+6.0%)

Total value of dwelling stock

Notes

Revisions

Use of price indexes in contracts

Previous catalogue number

Data downloads

Changes to Excel file format

Data downloads

Table 1. Residential property price index, index numbers and percentage changes

Table 2. Established house price index, index numbers and percentage changes

Table 3. Attached dwellings price index, index numbers and percentage changes

Table 4 and 5. Median price (unstratified) and number of transfers (capital city and rest of state)

Table 6. Value of residential dwellings, all series

Table 7. All index numbers

Table 8. Established house price index, index numbers, pre-September quarter 2005 methodology

Methodology

Do you need more detailed statistics?

Request data

Microdata and TableBuilder

Provide feedback

APA

Residential Property Price Indexes: Eight Capital Cities

APA

Key statistics

Residential property price indexes

Weighted average of the eight capital cities (+5.0%)

Sydney (+6.2%)

Melbourne (+3.6%)

Brisbane (+6.1%)

Adelaide (+5.9%)

Perth (+2.0%)

Hobart (+8.2%)

Darwin (+1.6%)

Canberra (+6.0%)

Total value of dwelling stock

Notes

Revisions

Use of price indexes in contracts

Previous catalogue number

Data downloads

Changes to Excel file format

Data downloads

Table 1. Residential property price index, index numbers and percentage changes

Table 2. Established house price index, index numbers and percentage changes

Table 3. Attached dwellings price index, index numbers and percentage changes

Table 4 and 5. Median price (unstratified) and number of transfers (capital city and rest of state)

Table 6. Value of residential dwellings, all series

Table 7. All index numbers

Table 8. Established house price index, index numbers, pre-September quarter 2005 methodology

Methodology

Media releases

Value of residential dwellings passes $9 trillion

Do you need more detailed statistics?

Request data

Microdata and TableBuilder