The latest statistics on housing price changes in Australia suggest there’s not much changing. The only shifts above 1 per cent in the last quarter were in Perth, which went up 1.8 per cent, and Canberra, which fell 1.1 per cent, according to figures from the Australian Bureau of Statistics (ABS).
Picture by Kim
Here are the quarter-on-quarter and year-on-year changes across the eight capitals:
| Jun-Sep Qtr 12 | Sep 11-Sep 12 | |
|---|---|---|
| Established house prices | % change | % change |
| Capital city average | 0.3 | 0.3 |
| Sydney | 0.3 | 1.3 |
| Melbourne | 0.2 | -2.3 |
| Brisbane | 0.4 | 0.3 |
| Adelaide | -0.6 | -1.1 |
| Perth | 1.8 | 4.4 |
| Hobart | 0.2 | -2.2 |
| Darwin | -0.5 | 8.2 |
| Canberra | -1.1 | 0.4 |
The lesson? If you’ve purchased a house in the last few years, don’t think about selling just yet.
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