Average house price in the capital city average reached 722,567 USD in 2017 in Australia, according to the National Statistical Office. This is 8.30 % more than in the previous year.
Historically, average house price in the capital city average in Australia reached an all time high of 722,567 USD in 2017 and an all time low of 8,400 USD in 1961.
Australia has been ranked 2nd within the group of 10 countries we follow in terms of average house price in the capital city average, 5 places above the position seen 10 years ago.
The capital city house price is an average price for the most common type of housing unit and its average size and location and usually excludes the city centre because of the potential price distortion.