House Prices
- The RP Data-Rismark Hedonic Australian Home Value Index – the largest property database in Australia –
reported that home prices fell by 0.2 per cent seasonally adjusted terms in August. House prices outside
capital cities were unchanged in the month. - Capital city home prices are up 8.0 per cent on a year ago while prices in the ‘Rest of State’ markets are up
just 3.7 per cent. - Capital city home prices have fallen by 1.2 per cent in the past three months with Perth (-4.8 per cent)
leading the way from Brisbane (-2.3 per cent) and Melbourne (-1.5 per cent).