Housing affordability: Residential property price index - capital cities
Residential property price indexes serve as a macroeconomic indicator of residential property price inflation which is central to the Australian economy.
The Australian Bureau of Statistics (ABS) publishes Residential Property Price Indexes (RPPIs), which measure price change in all residential dwellings over time within the eight Greater Capital City Statistical Areas.
The suite of indexes in the ABS publication includes an established house price index (HPI), an attached dwellings price index (ADPI), and an aggregation of the HPI and ADPI, the residential property price index (RPPI). Only dwellings where the primary purpose is residential, regardless of ownership and tenure of occupants, are included. Australian residential property sales data are supplied to the ABS by CoreLogic.
Residential property price indexes data are also used in the following dashboard menu option: Residential property transfers - value and volume.
The ABS publication also includes data on the value of, the median price, and number of transfers for residential properties. See ABS 6416.0 – Residential Property Price Indexes: Eight Capital Cities (https://www.abs.gov.au/ausstats/[email protected]/mf/6416.0) for further information, including in-depth commentary and analysis, in particular, the data Quality Declaration. Source reference Data tables: tables 1–3.