Market Update
Summary of Median House Sale Prices, December Quarter 2009
City |
December
Quarter 2009
Median Price
|
September
Quarter 2009
Median Price |
December
Quarter 2008
Median Price |
Quarterly
Change %
(Sept 09 -
Dec. 09) |
Annual
Change %
(Dec. 08-
Dec. 09) |
| Sydney |
$598,000 |
$564,200 |
$529,200 |
6.0% |
13.0% |
| Melbourne |
$540,500 |
$470,000 |
$425,000 |
15.0% |
27.2% |
| Brisbane |
$451,000 |
$430,000 |
$398,000 |
4.9% |
13.3% |
| Adelaide |
$385,000 |
$373,000 |
$360,000 |
3.2% |
6.9% |
| Perth |
$480,000 |
$460,000 |
$420,000 |
4.3% |
14.3% |
| Canberra |
$491,000 |
$441,000 |
$445,500 |
11.3% |
10.2% |
| Hobart |
$370,000 |
$347,500 |
$321,750 |
6.5% |
15.0% |
| Darwin |
$540,000 |
$496,780 |
$432,000 |
8.7% |
25.0% |
Source: 'Market Facts', Real Estate Institute of Australia |
Summary of Median Weekly Rents,
December Quarter 2009
City |
3 Bedroom House |
2 Bedroom Other Dwellings |
Quarterly Median $/week |
Quarterly Change
% |
Annual Change
% |
Quarterly Median $/week |
Quarterly Change
% |
Annual
Change
% |
| Sydney |
$370 |
2.8% |
5.7% |
$400 |
0.0% |
0.0% |
| Melbourne |
$320 |
3.2% |
6.7% |
$320 |
-0.3% |
3.2% |
| Brisbane |
$340 |
0.0% |
1.5% |
$330 |
-1.5% |
0.0% |
| Adelaide |
$300 |
1.7% |
7.1% |
$250 |
0.0% |
4.2% |
| Perth |
$370 |
0.0% |
-1.3% |
$350 |
0.0% |
0.0% |
| Hobart |
$330 |
10.0% |
6.5% |
$265 |
1.9% |
3.9% |
| Darwin |
$570 |
0.0% |
9.6% |
$430 |
1.2% |
19.4% |
| Canberra |
$420 |
2.4% |
6.3% |
$410 |
3.8% |
10.8% |
Source: 'Market Facts', Real Estate Institute of Australia |
Vacancy Rates (All Rented Dwellings), December Quarter 2009
City |
Quarterly Vacancy Rate % |
Quarterly Change
% |
Annual Change
% |
Moving Annual (Trend) Vacancy Rate % |
Quarterly Change
% |
Annual Change
% |
Sydney |
1.3% |
0.0% |
-0.1% |
1.3% |
0.0% |
0.1% |
Melbourne |
1.6% |
0.3% |
0.4% |
1.4% |
0.1% |
0.4% |
Brisbane |
3.8% |
0.5% |
2.1% |
3.2% |
0.5% |
1.2% |
Adelaide |
1.2% |
-0.1% |
0.0% |
1.4% |
0.0% |
0.0% |
Perth |
4.7% |
0.1% |
2.3% |
3.9% |
0.6% |
1.6% |
Hobart |
2.1% |
0.0% |
0.2% |
2.1% |
0.1% |
-0.1% |
Darwin |
3.0% |
1.3% |
1.2% |
1.8% |
0.3% |
1.1% |
Canberra |
1.0% |
0.0% |
-1.3% |
1.5% |
-0.3% |
-0.6% |
Source: 'Market Facts', Real Estate Institute of Australia |
Data source: REIA, ABS & BIS Shrapnel
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