How prices have risen since 2002: Pete Wargent
Pete WargentDecember 7, 2020
The full ABS Residential Property Price Indexes (Eight Capital Cities) since its inception in 2003.
Price gains by capital city since 2003 included gains of 157% in Darwin, 120% in Melbourne, 119% in Perth, 87% in Sydney, 85% in Hobart, 82% in Brisbane, 85% in Adelaide, and 66% in Canberra.
The average capital city house increased in price by 164% since 2002.
The attached dwellings series doesn't run back that far, but also recorded large gains from its inception.
PETE WARGENT is the co-founder of AllenWargent property buyers (London, Sydney) and a best-selling author and blogger.
His latest book is Four Green Houses and a Red Hotel.
Pete Wargent
Pete Wargent is the co-founder of BuyersBuyers.com.au, offering affordable homebuying assistance to all Australians, and a best-selling author and blogger.
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