How prices have risen since 2002: Pete Wargent
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.