Monthly Housing & Economic Chart Pack, October 2016

01 October 16

 

Home values increased by 1.0% in September 2016 with values 2.9% higher over the third quarter

  • Combined capital city home values increased by 1.0% in September with values rising in all capital cities except for Perth and Darwin
  • Home values were 2.9% higher over the three months to September 2016 with home values in Brisbane, Perth and Darwin falling over the quarter
  • Over the first nine months of 2016, capital city home values have increased by 8.6% and Perth and Darwin are the only cities in which values have fallen
  • Over the past 12 months, combined capital city home values have increased by 7.1% which is up from a recent low of 6.1% at the end of July
  • Across the individual capital cities, the annual change in home values have been recorded at +10.2% in Sydney, +9.0% in Melbourne, +3.0% in Brisbane, +6.5% in Adelaide, -7.0% in Perth, +8.7% in Hobart, -6.0% in Darwin and +9.0% in Canberra
  • Capital city house values have increased by 7.3% over the past year compared to a 6.1% increase in unit values

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