ABS House Price Indexes: Eight Capital Cities, Mar 2013 

MARCH 2013 KEY POINTS

ESTABLISHED HOUSE PRICES

Quarterly Changes

• Preliminary estimates show that the price index for established houses for the weighted average of the eight capital cities rose 0.1% in the March quarter 2013.
• The capital city indexes rose in Perth (+1.2%), Melbourne (+0.2%), Darwin (+1.9%) and Canberra (+0.2%) and fell in Brisbane (-0.3%), Adelaide (-0.1%) and Hobart (-0.3%). Sydney showed no movement for the quarter.

Annual Changes (March Quarter 2012 to March Quarter 2013)

• Preliminary estimates show that the price index for established houses for the weighted average of the eight capital cities rose 2.6% in the year to the March quarter 2013.
• Annually, house prices rose in Darwin (+8.0%), Perth (+6.1%), Sydney (+3.6%), Canberra (+1.5%), Brisbane (+1.4%), Melbourne (+1.1%) and Adelaide (+0.9%) and fell in Hobart (-1.9)