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by throwawaythekey 1730 days ago
Interesting points RE the hedonic index, I'm not sure what the intended use case is but we can approach it from another angle if you would like.

A more up to date government source has the following;

> Weighted average (mean) of the eight capital cities Residential Property Price Index... rose 16.8% over the last twelve months.

We could go on forever trying to work out the exact numbers. The main thing I want to do is show non-australians how quickly our prices have risen and are rising!

https://www.abs.gov.au/statistics/economy/price-indexes-and-...