Australia: Real residential property prices Y-on-Y change
* indicates monthly or quarterly data series
The most recent value is 4.24 percent as of Q3 2024, a decline compared to the previous value of 4.82 percent. Historically, the average for Australia from Q1 1990 to Q3 2024 is 3.03 percent. The minimum of -12.29 percent was recorded in Q1 2023, while the maximum of 19.49 percent was reached in Q4 2021.
Click on the following link to see the values of: Real residential property prices Y-on-Y change around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Bank for International Settlements (BIS)
| Recent values | Australia: Real residential property prices Y-on-Y, percent change |
|---|---|
| 2024 Q3 | 4.24 |
| 2024 Q2 | 4.82 |
| 2024 Q1 | 5.73 |
| 2023 Q4 | 3.07 |
| 2023 Q3 | -2.84 |
| 2023 Q2 | -9.27 |
| 2023 Q1 | -12.29 |
| 2022 Q4 | -10.11 |
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Definition: Real residential property price measures the year-on-year percent change of property prices over time excluding the corresponding Y-on-Y inflation.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | -1.28 | Q4/2024 | percent |
| Retail sales Y-on-Y | 1.16 | Q1/2025 | percent |
| House price index | 194.34 | Q3/2024 | index points |
| Real residential property prices Y-on-Y change | 4.24 | Q3/2024 | percent |
| Business confidence survey | -3.00 | 3/2025 | points |
| Consumer confidence survey | -9.90 | 4/2025 | points |