Average House Prices in Australia increased to 973.30 AUD Thousand in the second quarter of 2024 from 957.70 AUD Thousand in the first quarter of 2024. Average House Prices in Australia averaged 685.16 AUD Thousand from 2011 until 2024, reaching an all time high of 973.30 AUD Thousand in the second quarter of 2024 and a record low of 486.30 AUD Thousand in the third quarter of 2012. source: Australian Bureau of Statistics

Related	Last	Previous	Unit	Reference
Average House Prices	973.30	957.70	AUD Thousand	Jun 2024
Building Permits	14842.00	14220.00		Sep 2024
Building Permits MoM	4.40	-3.90	percent	Sep 2024
Building Permits YoY	6.80	4.70	percent	Sep 2024
Construction Work Done	0.10	-2.00	percent	Jun 2024
CoreLogic Dwelling Prices MoM	0.30	0.40	percent	Oct 2024
Home Loans MoM	18638.80	18618.70	AUD Million	Sep 2024
Home Ownership Rate	66.00	66.20	percent	Dec 2020
Investment Lending for Homes	11571.00	11689.00	AUD Million	Sep 2024
Mortgage Rate	6.08	6.06	Percent	Sep 2024
HIA New Home Sales MoM	3762.00	3758.00	Units	Sep 2024
Private House Approvals MoM	2.20	2.30	percent	Sep 2024
Residential Property Prices	8.60	9.60	Percent	Jun 2024

Australia Mean Dwelling Price

In Australia, the mean price of residential dwellings represents the average dwelling price in the reference period regardless of dwelling type. The mean is derived by taking the total value of residential dwellings and dividing by the estimated number of dwellings in the stock. Additionally, the mean prices are calculated across the whole of state and for all dwelling types.