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Australia residential rent index; weighted average of eight capital cities (2011-12 = 100)
Australia
In most countries the rent price indices are a part of the overall Consumer Price Index (CPI) or Harmonised Indices of Consumer Prices (HICP) calculations, hence an inflation-adjusted value is not provided. The goal of the Rent Price Index is to provide a high-level overview of the trends of rent prices.
Australia
Quarterly change in rent prices
Q1 | Q2 | Q3 | Q4 | |
2022 | 3.11% | 1.02% | ||
2021 | 6.43% | 4.83% | 4.44% | 4.46% |
2020 | 3.41% | -0.29% | -1.01% | 2.64% |
2019 | -2.43% | -1.24% | 1.99% | 3.35% |
2018 | -0.08% | -0.19% | -1.81% | -4.64% |
2017 | -4.88% | 8.55% | 2.18% | 1.13% |
2016 | 2.82% | 1.68% | 6.96% |
This table shows the nominal change in rent prices during a single quarter.
Yearly change in rent prices
Year | Nominal Change |
2021 | 21.73% |
2020 | 4.76% |
2019 | 1.57% |
2018 | -6.62% |
2017 | 6.69% |
The yearly changes table compares the index values from the most recent quarter or month of a given year with the corresponding quarter or month from the previous year. This provides an assessment of how house prices have changed over that year.