housing cold bath (the australian), page-27

  1. 17,117 Posts.
    from the same Sep 09 index.....
    so my annual capital growth rate of 10%, that I use for my planning and budgets remains in tack......
    I am on the SE Eastern side, so only Melb and Syd prices are relevant to me....

    this group do not include unit prices....only detached houses....from memory, but correct me if I am wrong...
    excluding units from the price index is folly
    extract..............

    Annually, house prices rose in Darwin (+12.3%), Melbourne (+8.4%), Canberra (+7.8%), Sydney (+5.9%), Brisbane (+5.6%), Hobart (+5.4%), Perth (+4.4%), and Adelaide (+3.7%).
    The movement in the preliminary established house price index between June quarters 2008 and 2009 has been revised from an estimated decrease of 1.4% to an estimated decrease of 0.7%
 
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