House prices in Australia were up 3.1 percent in the second quarter of 2010 compared to the previous quarter, the Australian Bureau of Statistics said on Wednesday. That was higher than forecasts for a 2.0 percent increase following the 4.8 percent gain in the first quarter.
By region on quarter, Sydney house prices were up 4.9 percent, followed by gains from Melbourne (3.6 percent), Adelaide (3.2 percent), Darwin (2.8 percent), Canberra (2.1 percent), Perth (0.4 percent), Brisbane (0.3 percent) and Hobart (0.1 percent).
On an annual basis, house prices climbed 18.4 percent after gathering 20.0 percent in the previous three months.
By region on year, Melbourne house prices jumped 24.3 percent, followed by gains from Sydney (21.4 percent), Canberra (19.6 percent), Darwin (14.6 percent), Perth (13.0 percent), Adelaide (11.6 percent), Hobart (10.8 percent) and Brisbane (8.5 percent).
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.