Market Update
Summary of Median House Sale Prices, June Quarter 2011
City |
June
Quarter 2011
Median Price
|
March
Quarter 2011
Median Price |
June
Quarter 2010
Median Price |
Quarterly
Change %
(March 11 -
June 11) |
Annual
Change %
(June 10-
June 11) |
| Sydney |
$621,000 |
$637,200 |
$624,000 |
-2.6% |
- 0.5% |
| Melbourne |
$540,000 |
$548,700 |
$559,000 |
-1.5% |
- 3.5% |
| Brisbane |
$438,000 |
$451,000 |
$460,000 |
-3.0% |
-5.0% |
| Adelaide |
$410,000 |
$408,000 |
$410,000 |
0.5% |
0.0% |
| Perth |
$446,000 |
$450,500 |
$490,000 |
-1.0% |
-10.0% |
| Canberra |
$528,400 |
$531,500 |
$525,000 |
0.6% |
0.6% |
| Hobart |
$344,500 |
$350,000 |
$366,500 |
-1.6% |
-6.5% |
| Darwin |
$562,400 |
$557,000 |
$555,900 |
1.0% |
1.2% |
Source: 'Market Facts', Real Estate Institute of Australia |
Summary of Median Weekly Rents,
June Quarter 2011
City |
3 Bedroom House |
2 Bedroom Other Dwellings |
Quarterly Median $/week |
Quarterly Change
% |
Annual Change
% |
Quarterly Median $/week |
Quarterly Change
% |
Annual
Change
% |
| Sydney |
$425 |
0.7% |
8.6% |
$400 |
2.4% |
5.0% |
| Melbourne |
$360 |
-0.4% |
-1.0% |
$340 |
0.0% |
6.3% |
| Brisbane |
$345 |
-1.4% |
1.5% |
$335 |
-4.3% |
11.7% |
| Adelaide |
$300 |
0.1% |
3.4% |
$260 |
0.0% |
6.1% |
| Perth |
$380 |
-0.5% |
2.7% |
$350 |
-2.8% |
-1.4% |
| Hobart |
$320 |
-3.0% |
0.6% |
$270 |
0.0% |
0.0% |
| Darwin |
$571 |
14.7% |
2.9% |
$387 |
-0.3% |
-0.8% |
| Canberra |
$430 |
0.0% |
7.5% |
$400 |
-10.1% |
1.3% |
Source: 'Market Facts', Real Estate Institute of Australia |
Vacancy Rates (All Rented Dwellings), June Quarter 2011
City |
Quarterly Vacancy Rate % |
Quarterly Change
% |
Annual Change
% |
Moving Annual (Trend) Vacancy Rate % |
Quarterly Change
% |
Annual Change
% |
Sydney |
1.3% |
0.2% |
0.0% |
1.3% |
0.0% |
0.0% |
Melbourne |
1.5% |
0.0% |
0.1% |
1.5% |
0.0% |
0.2% |
Brisbane |
2.9% |
0.1% |
0.9% |
3.7% |
0.2% |
1.5% |
Adelaide |
1.1% |
-0.2% |
-0.3% |
1.2% |
-0.1% |
-0.2% |
Perth |
4.3% |
0.2% |
0.8% |
4.4% |
0.2% |
1.6% |
Hobart |
2.2% |
0.0% |
0.1% |
2.2% |
0.0% |
0.1% |
Darwin |
1.3% |
-1.2% |
0.5% |
2.1% |
0.1% |
1.0% |
Canberra |
1.1% |
0.1% |
-0.4% |
1.0% |
-0.1% |
-1.1% |
Source: 'Market Facts', Real Estate Institute of Australia |
|
