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Feb 01 2018

Australian Capital City Property Prices December 2017

Median Property Prices in Australian Capital Cities December 2017

Australian Capital City House Prices December 2017

Sydney house prices: $1,179,519. Up 4.03% from $1,133,852 in December 2016
Melbourne house prices: $903,859. Up 11.26% from $812,398 in December 2016
Brisbane house prices: $548,918. Up 0.36% from $546,972 in December 2016
Adelaide house prices: $522,815. Up 3.53% from $505,000 in December 2016
Perth house prices: $557,567. Down -2.5% from $571,864 in December 2016
Canberra house prices: $753,516. Up 8.44% from $694,850 in December 2016
Hobart house prices: $443,521. Up 17.31% from $378,088 in December 2016
Darwin house prices: $565,696. Down -7.36% from $610,668 in December 2016
National house prices: $813,024. Up 5.04% from $773,993 in December 2016

Highest and Lowest Median House Prices in Capital Cities

The Lowest Median House Price is in Hobart at $443,521
The Highest Median House Price is in Sydney at $1,179,519

Australian Capital City Apartment/Unit Prices December 2017

Sydney Unit prices: $736,879. Up 1.74% from $724,308 in December 2016
Melbourne Unit prices: $506,079. Up 7.98% from $468,692 in December 2016
Brisbane Unit prices: $385,955. Down -4.55% from $404,338 in December 2016
Adelaide Unit prices: $315,794. Up 2.03% from $309,517 in December 2016
Perth Unit prices: $369,402. Down -1.75% from $375,969 in December 2016
Canberra Unit prices: $426,124. Up 0.4% from $424,417 in December 2016
Hobart Unit prices: $318,467. Up 14.22% from $278,817 in December 2016
Darwin Unit prices: $395,279. Down -14.03% from $459,805 in December 2016

Highest and Lowest Median Apartment/Unit Prices in Capital Cities

The Lowest Median Apartment/Unit Price is in Adelaide at $315,795
The Highest Median Apartment/Unit Price is in Sydney at $736,879

Note: These are Capital City Prices. Costs in the areas outside the Capital Cities can be much lower. The following gives an idea, and also shows the average income. The Income however can be vastly different, especially when a person works in the CBD, and travels from a suburb outside the City.  ie: City wages, but not City property cost.

Lowood, QLD (4311) 66km West of Brisbane and 31km North of Ipswich.

Lowood (Queensland suburb) has a population of 3,336 residents, with an average income of $625 per week.
The median price for houses is $264,219

Brisbane, QLD (4000)

Brisbane (suburb of Brisbane City) has a population of 7,888 residents, with an average income of $1,134 per week.
The median price for houses is $763,296
The median price for units is $483,374

Indooroopilly, QLD 4068 7 kilometres west of the Brisbane CBD

Indooroopilly (suburb of Brisbane City) has a population of 11,669 residents, with an average income of $951 per week.
The median price for houses is $884,841
The median price for units is $427,910

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