House Prices 2010 March Australia


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According to the Australian Bureau of Statistics, the annual price change for Established Houses in the Australian Capital Cities has changed as follows:

12 Months to March 2010

up 27.7% Melbourne
up 21.0% Sydney
up 20.6% Canberra
up 17.5% Darwin
up 15.0% Perth
up 14.1% Hobart
up 12.1% Brisbane
up 10.8% Adelaide

Chart of the median values of Established Houses in each of the Australian Capital Cities, at March 2010, compared to the March 2005 values.

City Mar-2005 Mar-2010 5 Year Growth $ 5 Year Growth % Annualised growth
Canberra $374,700 $554,760 $180,060 48.1% 8.15%
Sydney $486,000 $542,100 $56,100 11.5% 2.21%
Darwin $275,000 $534,625 $259,625 94.4% 14.20%
Perth $290,000 $504,850 $214,850 74.1% 11.70%
Melbourne $310,000 $478,875 $168,875 54.5% 9.09%
Brisbane $311,000 $448,400 $137,400 44.2% 7.60%
Adelaide $270,000 $391,678 $121,678 45.1% 7.72%
Hobart $240,000 $338,307 $ 98,307 41.0%

Darwin has had the largest annualised growth over the last 5 years at 14.2% average per year, with Sydney being the slowest, rising at only 2.21% average per year.


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The March 2010 median values are based on the growth figures produced in May 2010 by the Australian Bureau of Statistics, compared to their March 2009 figures. (ABS 6416.0 – House Price Indexes: Eight Capital Cities, Mar 2010)

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