Detailed charts & data on the Australian property market.
CoreLogic RPData Housing Overview – monthly (PDF):
- historical capital gains
- auction clearance rates
- housing finance commitments
- population growth
- dwelling approvals
CoreLogicRPData Quarterly Review – quarterly (PDF):
- National Overview
- Overview for each capital city
Residex-OnTheHouse Monthly Review – monthly (PDF)
HTW-Property-Market-Indicators (PDF) – covering most regions in Australia:
- Rental Vacancy Situation
- Rental Vacancy Trend
- Demand for New Properties
- Trend in New Construction
- Volume of Sales
- Stage of Property Cycle
- Sales Prices vs Potential Resale Value
Detailed, long-term analysis by the Housing Industry Association of property prices in capital cities, without any of the sensationalist “boom and bust” focus provided by many commentators. Conclusions (as at November 2015) are:
- Over extended periods, dwelling price growth tends to converge across the eight capital cities to a real annual growth rate of around 5.0 per cent (a “real” growth rate is the growth over and above inflation).
- The cities that saw the weakest price growth during the 2002 to 2012 decade have since seen the fastest rate of growth, and vice versa. With respect to dwelling price growth, the situation in Australia is currently quite unique, with a significant gap between the high growth markets (Sydney and Melbourne) and those cities experiencing falling prices.
- Overall, dwelling prices in Australia are proportionate and balanced in the broader economic context. As measured by the mortgage repayment to earnings ratio, affordability is at relatively favourable levels in all eight capital cities compared with their respective decade averages. The balance between rents, dwelling prices and the investor mortgage interest rates is in line with norms in all capitals cities.
- The current position of dwelling prices with respect to fundamental economic indicators like incomes, earnings, interest rates and rental streams remains largely balanced at the national level and across a majority of the capital cities. (However, it is important to stress that price to income ratios are very sensitive to the particular income metric used. Accordingly, the selection of an unsuitable income measure will result in unreliable price to income multiples being estimated. The choice of different and inappropriate measures of income helps explain the often-conflicting opinions from various commentators.)
- Since mid-2012, dwelling prices in Sydney have increased by 50 per cent. Despite the strong price growth over the past three years, Sydney prices remain in a ‘normal’ range with respect to fundamental indicators like rents, earnings and interest rates.
HIA Window Into Housing (PDF) – Summary statistics on the Australian housing market
HIA Outlook-National & State (PDF) – Dwelling commencement forecasts by region