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 dwelling 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.
Residential property price indexes data are also used in the following dashboard menu option: Residential property price index - capital cities.
The ABS publication also includes data on residential property price indexes and the total value of the residential dwelling stock. 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 4 and 5.