The price index for residential properties for the weighted average of the eight capital cities rose 2.0% in the June quarter 2016. The index rose 4.1% through the year to the June quarter 2016.

The capital city residential property price indexes rose in Sydney (+2.8%), Melbourne (+2.7%), Brisbane (+1.1%), Canberra (+2.2%), Adelaide (+0.8%) and Hobart (+0.7%) and fell in Perth (-1.2%) and Darwin (-2.4%).

Annually, residential property prices rose in Melbourne (+8.2%), Canberra (+6.0%), Hobart (+4.9%), Brisbane (+4.3%), Sydney (+3.6%) and Adelaide (+3.5%) and fell in Darwin (-6.5%) and Perth (-4.8%).