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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from the same Sep 09 index.....so my annual capital growth rate...
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