Nominal growth of residential property prices in the local currency reached 8.35% in 2017 in Australia, according to the National Statistical Office. This is 51.8% more than in the previous year.
Historically, nominal growth of residential property prices in the local currency in Australia reached an all time high of 24.7% in 1989 and an all time low of -2.15% in 2011.
Australia has been ranked 17th within the group of 71 countries we follow in terms of nominal growth of residential property prices in the local currency.
Buy Growth of Residential Property Prices (Nominal, Local Currency) data for Australia.
Buy annual subscriptions for all our products.