Data: ABS - 6416.0 - Residential Property Price Indexes: Eight Capital Cities
Here are the data definitions from the ABS.
The suite of residential property price indexes is:
- a residential property price index
- an established house price index
- an attached dwellings price index.
The residential property price index is an aggregation of the established house price index and the attached dwelling price index, and measures the price change in all residential dwellings within the eight Greater Capital City Statistical Areas.
The established house price index measures the price change in all established detached houses on their own block of land in the capital cities.
The attached dwellings price index measures the price change of attached dwellings in the capital cities. Dwellings in scope of the index are:
- flats, units and apartments
- semi-detached, row and terrace houses.
Read more about the data here: Link
At the national level, property prices declined by 0.8% in September quarter of 2020. As the plot shows, apart from Melbourne, all other capital cities recorded a rise in prices in the third quarter 2020.
The next two plots show the Established House Price Index and the Attached Dwellings Price Index.