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Regional Indices/Statistics

You can obtain price indices and other related statistics from the API at various region levels, intervals and time windows.

Statistics can be obtained for Houses, Units, and Dwellings (houses and units combined).



Region Type

Available Statistics 1

Periods

Comments

Region Type Example Values 2

Region Type

Available Statistics 1

Periods

Comments

Region Type Example Values 2

Locality/Suburb

Market Score

Price

Rents

Sale Counts

Time on Market

Vendor Expectation Error

Yields

Monthly

  • all statistics

Quarterly

  • Price

  • Time On Market

  • Vendor Expectation Error

level = SUBURB-postcode

Postcode is appended to suburb name to distinguish suburbs with same name in different states, or in the same state.

MOSMAN-2088

Postcode

Price

Monthly

Quarterly



2088

LGA 

Price

Sale Counts

Monthly

Quarterly

Prices are trimmed mean only.

level = lga_code

15350

SA3

Price

Rents

Sale Counts

Time on Market

Vendor Expectation Error

Monthly

Quarterly

level = sa3

12104

SA4

Price

Rents

Sale Counts

Time on Market

Vendor Expectation Error

Monthly

Quarterly

level = sa4

121

City

Price

Rents

Yields

Monthly

level = SYD, MEL, BRI, PER, CAN, ADE,  DAR, HOB, CAP5 (5 major capitals), AUS (all Australia), BRG (Brisbane including Gold Coast)

Houses, Units and All Dwellings monthly hedonic index series representing average price movements across each Australian capital city.

The price series reflect the changes in value of a large, diversified portfolio of residential property of that type in that capital city.

The All Dwellings indices are dwelling stock weighted averages of the corresponding House and Unit indices, thus representing the changes in value of a combined, market weighted portfolio of houses and units in that city.

There are also composite index series for all Australia (including regional areas) and a dwelling stock weighted average of the 5 largest capital cities (Sydney, Melbourne, Brisbane, Adelaide and Perth).

SYD

Notes

1. Types of statistics

  • Market Score = scale from 0 (cold) to 100 (hot) indicating level of market activity

  • Price = (except where commented) the best single index from a choice of hedonic & trimmed mean (hedonic where possible, trimmed mean in some metro fringe / regional areas).

  • Rents = trimmed mean of weekly rental prices

  • Sales Counts = number of sales that occurred in the period

  • Time on Market (TOM) = average time on market in days

  • Vendor Expectation Error (VEE) = average % difference sale to list price, with a +'ve % indicating on average sale price > listing price (a premium) and a -'ve % indicating on average sale price < listing price (a discount).

  • Yields = expected rental yield

2. Region values can be obtained or derived from the address_details portion of the property information returned by the v2/properties resource.


For example:

{ ... "address": "23 CABBAN STREET MOSMAN NSW 2088", "property_id": "1017942", "property_type": "House", "address_details": { "address": "23 CABBAN STREET MOSMAN NSW 2088", "location": { "point": { "lat": -33.83561852, "lon": 151.24246728 } }, "unit_number": null, "street_number": "23", "street_number_high": null, "street": "CABBAN", "street_type": "ST", "street_suffix": null, "locality": "MOSMAN", "state": "NSW", "postcode": "2088", "lga": "Mosman (A)", "lga_code": "15350", "meshblock": 10527700000, "sa1": 12104141554, "sa2": 121041415, "sa3": 12104, "sa4": 121 } }