National House Prices and Unit Prices
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The graph above details the change in Australian capital city
property values over time based on the RP Data-Rismark Hedonic
Index.
The Hedonic Methodology is the most accurate measure available to
measure the change in property values as it uses a technique which
removes the effects of renovations, changes in the types of homes
that are produced over time and variations in the buyer-types
within the market.
The most recent Home Value Index Results is available for
download. Recent figures can also be viewed in spreadsheet
form.
If you are buying a home in Australia then you can benefit greatly
from one of our Property Reports which give you house price details
within the local area of interest. It’s important to look at
individual markets as they may be operating quite differently from
the national market.
If you would like to get an idea of what is happening to home
prices in individual Australia suburbs try our Free
Suburb Reports.
About Australia
Australia is both the world's smallest continent and
largest island. Australia is home to almost 22 million residents
with the population being mostly concentrated along the coastline
particularly along the Eastern Seaboard. The city of Canberra is
the nation's capital and there are eight states and
territories.
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