Housing affordability: Residential property transfers - value and volume
Residential property prices and the number of transfers are an indication of the health of the housing market, which is connect to the broader economy through housing construction, finance, consumer confidence, and GDP.
The Australian Bureau of Statistics (ABS) publishes the median price and the number of transfers of residential dwellings over time within the eight Greater Capital City Statistical Areas. The median price and number of transfers combines all established houses (houses on their own block of land) and attached dwellings (flats, units and apartments; and semi-detached, row and terrace houses). Only dwellings where the primary purpose is residential, regardless of ownership and tenure of occupants, are included.
The ABS publication also includes data on estimates of the total value of residential dwelling stock. See ABS – Total Value of Dwellings (www.abs.gov.au/statistics/economy/price-indexes-and-inflation/total-value-dwellings/latest-release) for further information, including in-depth commentary and analysis, in particular, the data Quality Declaration. Source reference Data downloads: table 2.