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HOUSING PRICES IN AUSTRALIA: 1970 TO 2003

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1 HOUSING PRICES IN australia : 1970 TO 2003 Peter Abelson and Demi Chung ABSTRACT There have been few reliable published data for HOUSING PRICES in australia (as in many other countries). In this paper we attempt to provide an authoritative account of PRICES for houses and apartments (units) in australia from 1970 to 2003. Where possible we draw directly on data from land title offices or on studies that draw on these data. The first part of the paper describes the main data sources.

developed house price series from 1980 for most capital cities (from 1970 for Sydney and Melbourne), which drew on several of these sources. For recent years, it drew on LTO data for Sydney, Melbourne, Adelaide and Brisbane and on REIA data for Perth, Canberra, Darwin and Hobart. The Commission published the results in graphical rather than n i

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HOUSING PRICES IN AUSTRALIA: 1970 TO 2003

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2 1 Introduction As in many countries, there have been few reliable data on housing prices in Australia.1 Until recently, public agencies published few data on housing prices and private agencies filled the

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