Land and House Costs: 1993-2006: Australia
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1993 Nominal$ |
1993 in 2006$ (Inflation Adjusted) |
2006 |
Change: 1993-2006 |
Share of Total House & Land Price Increase From 1996 |
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Land Prices |
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Sydney |
$107,000 |
$151,100 |
$460,600 |
205% |
116% |
Melbourne |
$49,000 |
$69,200 |
$107,000 |
55% |
86% |
Brisbane |
$60,000 |
$84,700 |
$135,000 |
59% |
79% |
Adelaide |
$35,000 |
$49,400 |
$140,000 |
183% |
73% |
Perth |
$81,000 |
$114,300 |
$270,000 |
136% |
87% |
Average of Markets |
$66,400 |
$93,700 |
$222,500 |
128% |
88% |
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House Prices (Excluding Land) |
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Sydney |
$121,500 |
$171,500 |
$128,300 |
-25% |
-16% |
Melbourne |
$75,000 |
$105,900 |
$112,000 |
6% |
14% |
Brisbane |
$70,000 |
$98,800 |
$112,000 |
13% |
21% |
Adelaide |
$40,000 |
$56,500 |
$90,000 |
59% |
27% |
Perth |
$60,000 |
$84,700 |
$109,000 |
29% |
14% |
Average of Markets |
$73,300 |
$103,500 |
$110,300 |
16% |
12% |
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Typical standardized house |
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Calculated from Housing Industry Association data. |
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where and how they like.
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(c) 1994-2006 --- www.demographia.com --- Wendell Cox Consultancy --- Permission granted for use with attribution.
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