|RP Data-Rismark Daily Home Value Index -|
Day on Day
|% Change |
|Note: Index values for Canberra, Hobart, Darwin and Brisbane excluding Gold Coast, can be found in Monthly Movements.|
Qtr and Yr changes are rolling 3 & 12 month respectively
The patented RP Data-Rismark Daily Home Value Index is part of the suite of housing market indices produced by RP Data and Rismark International. Since the launch of hedonic home value indices in 2007, RP Data and Rismark have established a new quality benchmark for accurately measuring value changes across the Australian housing market.
The RP Data-Rismark Daily Home Value Index aims to measure daily movements in the value of Australian housing markets. Rather than relying solely on transacted sale prices to provide a measure of housing market conditions, the RP Data-Rismark Daily Home Value Index is based on a ‘hedonic’ methodology which includes the attributes of properties that are transacting as part of the analysis. Understanding factors such as the number of bedrooms and bathrooms, the land area and the geographic context of the property allows for a much more accurate analysis of the true value of movements across specific housing markets. This method also allows for compositional change in consumer buying patterns when measuring capital gains.
The RP Data-Rismark Daily Home Value Index provides daily capital growth measurements across three broad housing types: houses, units’ and a “combined dwellings” index that includes both houses and units. The index results are released daily for Sydney, Melbourne, Brisbane (including Gold Coast), Adelaide, Perth and the combined capitals, which is a composite of these cities. Historical back series are available on a subscription basis. For more information about the solutions to provide you the insights you need for your business call us on 1300 734 418 or enquire here.
For more information on how our research team can help you call 1300 734 318 or enquire with us and one of our consultants will contact you.
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In compiling this publication, RP Data has relied upon information supplied by a number of external sources. The publication is supplied on the basis that while the RP Data believes all the information in it is deemed reliable at the time of publication, it does not warrant its accuracy or completeness and to the full extent allowed by law excludes liability in contract, tort or otherwise, for any loss or damage sustained by subscribers, or by any other person or body corporate arising from or in connection with the supply or use of the whole or any part of the information in this publication through any cause whatsoever and limits any liability it may have to the amount paid to RP Data for the supply of such information.
New South Wales Data
Contains property sales information provided under licence from the Land and Property Information (“LPI”). RP Data is authorised as a Property Sales Information provider by the LPI.
To the extent that this report has been developed using information owned by the State of Victoria, the State of Victoria owns the copyright in the Property Sales Data which constitutes the basis of this report and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
Based on or contains data provided by the State of Queensland (Department of Environment and Resource Management) 2012. In consideration of the State permitting use of this data you acknowledge and agree that the State gives no warranty in relation to the data (including accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liability in negligence) for any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not be used for direct marketing or be used in breach of the privacy laws.
South Australian Data
This information is based on data supplied by the South Australian Government and is published by permission. The South Australian Government does not accept any responsibility for the accuracy or completeness of the published information or suitability for any purpose of the published information or the underlying data.
Western Australian Data
Based on information provided by and with the permission of the Western Australian Land Information Authority (2012) trading as Landgate.