QTPA Member Alert | ABS House Price Indexes: Eight Capital Cities, Dec 2012 (6/2/2013)
ABS House Price Indexes: Eight Capital Cities, Dec 2012
Some more positive trends for the Turf Industry.
DECEMBER 2012 KEY FIGURES
Sep Qtr 12 to Dec Qtr 12 | Dec Qtr 11 to Dec Qtr 12 | |
Established house prices | % change | % change |
Weighted average of eight capital cities | 1.6 | 2.1 |
Sydney | 2.3 | 4.2 |
Melbourne | 0.7 | -0.2 |
Brisbane | 0.7 | 0.7 |
Adelaide | 0.8 | -0.4 |
Perth | 2.9 | 5.6 |
Hobart | -1.4 | -6.1 |
Darwin | 2.6 | 10.1 |
Canberra | 2.1 | 0.3 |
KEY POINTS
ESTABLISHED HOUSE PRICES
Quarterly Changes
- Preliminary estimates show the price index for established houses for the weighted average of the eight capital cities rose 1.6% in the December quarter 2012.
- The capital city indexes rose in Sydney (+2.3%), Perth (+2.9%), Melbourne (+0.7%), Brisbane (+0.7%), Adelaide (+0.8%), Canberra (+2.1%) and Darwin (+2.6%) and fell in Hobart (-1.4%).
Annual Changes (December Quarter 2011 to December Quarter 2012)
- Preliminary estimates show that the price index for established houses for the weighted average of the eight capital cities rose 2.1% in the year to the December quarter 2012.
- Annually, house prices rose in Darwin (+10.1%), Perth (+5.6%), Sydney (+4.2%), Brisbane (+0.7%) and Canberra (+0.3%) and fell in Hobart (-6.1%), Adelaide (-0.4%) and Melbourne (-0.2%).
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