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Microburbs Property Data API

Australia - Market

Home value index (capital cities)

GET/v1/australia/market/home-value-index10¢ per call

Our monthly home value index for the eight capital cities, for all dwellings, houses and units: index level (May 2022 = 100) plus 1-month and 12-month change. Modelled estimates.

Coverage: Eight capital cities (Sydney, Melbourne, Brisbane, Adelaide, Perth, Hobart, Darwin, Canberra), each for all dwellings, houses and units; monthly, May 2022 to September 2026 (53 months). Greater-capital-city areas; no suburb or regional series. Current to 2026-09-01. Full description, field list and method: /v1/datasets/home-value-index.

Authorization

Bearer tokentest

Sandbox key test works for the allowlisted GNAF + SAL — no signup.

Request

The only values you send. Fields under Responses below are what comes back — you never pass those.

Query parameters

fieldsstringoptional

Comma-separated subset of: sydney_all, sydney_house, sydney_unit, melbourne_all, melbourne_house, melbourne_unit, brisbane_all, brisbane_house, brisbane_unit, adelaide_all, adelaide_house, adelaide_unit, perth_all, perth_house, perth_unit, hobart_all, hobart_house, hobart_unit, darwin_all, darwin_house, darwin_unit, canberra_all, canberra_house, canberra_unit, sydney_all_12m_change, sydney_house_12m_change, sydney_unit_12m_change, melbourne_all_12m_change, melbourne_house_12m_change, melbourne_unit_12m_change, brisbane_all_12m_change, brisbane_house_12m_change, brisbane_unit_12m_change, adelaide_all_12m_change, adelaide_house_12m_change, adelaide_unit_12m_change, perth_all_12m_change, perth_house_12m_change, perth_unit_12m_change, hobart_all_12m_change, hobart_house_12m_change, hobart_unit_12m_change, darwin_all_12m_change, darwin_house_12m_change, darwin_unit_12m_change, canberra_all_12m_change, canberra_house_12m_change, canberra_unit_12m_change, sydney_all_1m_change, sydney_house_1m_change, sydney_unit_1m_change, melbourne_all_1m_change, melbourne_house_1m_change, melbourne_unit_1m_change, brisbane_all_1m_change, brisbane_house_1m_change, brisbane_unit_1m_change, adelaide_all_1m_change, adelaide_house_1m_change, adelaide_unit_1m_change, perth_all_1m_change, perth_house_1m_change, perth_unit_1m_change, hobart_all_1m_change, hobart_house_1m_change, hobart_unit_1m_change, darwin_all_1m_change, darwin_house_1m_change, darwin_unit_1m_change, canberra_all_1m_change, canberra_house_1m_change, canberra_unit_1m_change. Omit for all.

fromstringoptional

First period to include: 2020, 2020-Q3, 2020-07 or 2020-07-01.

tostringoptional

Last period to include, same formats as `from`.

Responses

Successful Response

application/json

DatasetValuesfields returned to you

datasetstringalways returned

Dataset slug; describe it with /v1/datasets/{slug}.

levelstringalways returned

suburb, lga or block.

areastringalways returned

Canonical name (or mesh-block code) of the area answered.

period_typestringalways returned

snapshot, year, financial_year, quarter or month.

as_ofstring · datealways returned

Date the dataset is current to. Values are never withheld for age; check this instead.

modelledbooleanalways returned

True when the figures are estimates from a model rather than counts or measurements.

fieldsarray of DatasetFieldSeriesalways returned

GET/v1/australia/market/home-value-index

cURL

curl --request GET \
  --url 'https://api.microburbs.com.au/v1/australia/market/home-value-index' \
  --header 'Authorization: Bearer test'

Example Responses

Show schema

{
  "data": {
    "dataset": "home-value-index",
    "level": "australia",
    "area": "australia",
    "period_type": "month",
    "as_of": "2026-09-01",
    "modelled": true,
    "fields": [
      {
        "field": "sydney_all",
        "name": "Sydney home value index: all dwellings",
        "unit": "index (May 2022 = 100)",
        "values": [
          {
            "period": "2026-07",
            "period_start": "2026-07-01",
            "value": 102.9684
          },
          {
            "period": "2026-08",
            "period_start": "2026-08-01",
            "value": 101.3309
          },
          {
            "period": "2026-09",
            "period_start": "2026-09-01",
            "value": 99.77668
          }
        ]
      },
      {
        "field": "sydney_house",
        "name": "Sydney home value index: houses",
        "unit": "index (May 2022 = 100)",
        "values": [
          {
            "period": "2026-07",
            "period_start": "2026-07-01",
            "value": 102.8235
          },
          {
            "period": "2026-08",
            "period_start": "2026-08-01",
            "value": 101.0631
          },
          {
            "period": "2026-09",
            "period_start": "2026-09-01",
            "value": 99.51959
          }
        ]
      },
      {
        "field": "sydney_unit",
        "name": "Sydney home value index: units and apartments",
        "unit": "index (May 2022 = 100)",
        "values": [
          {
            "period": "2026-07",
            "period_start": "2026-07-01",
            "value": 103.3716
          },
          {
            "period": "2026-08",
            "period_start": "2026-08-01",
            "value": 102.0749
          },
          {
            "period": "2026-09",
            "period_start": "2026-09-01",
            "value": 100.4911
          }
        ]
      }
    ]
  }
}

Successful Response200

application/json

About this dataset

Eight capital cities (Sydney, Melbourne, Brisbane, Adelaide, Perth, Hobart, Darwin, Canberra), each for all dwellings, houses and units; monthly, May 2022 to September 2026 (53 months). Greater-capital-city areas; no suburb or regional series. Current to 2026-09-01; refreshed monthly. These figures are modelled estimates.

What it is

A monthly index of home values for Sydney, Melbourne, Brisbane, Adelaide, Perth, Hobart, Darwin and Canberra, each for all dwellings, houses and units. Each month's figure is the market level at the end of that month, set so May 2022 is 100. Alongside the level you get the change on the previous month and on the same month a year earlier. The figures are modelled estimates, not recorded prices.

What it shows

For every city and dwelling type, a monthly series from May 2022 to September 2026: the index level, the 1-month change and the 12-month change (from May 2023). Use the level to compare any two months (an index of 120 against 100 means values 20% higher) and the changes to see the direction and pace of the market. Pick fields with the fields parameter, for example fields=sydney_house,melbourne_house.

Why use it

Median prices jump around with whichever homes happen to sell in a month; an index tracks what the same kinds of homes are worth over time. Use it to chart a city's cycle, compare cities and house against unit markets, index a valuation or a portfolio forward, deflate historical prices, or put a market trend behind a report or model.

How it is built

The index is built by hedonic imputation, which values every home in a city rather than only the ones that sold. At each month-end, we fit a model of sale price on a home's attributes (location, bedrooms, bathrooms, parking, land size for houses, and its own previous sale), using the last 360 days of recorded sales with recent sales counting for more and a term for when in the window each sale happened. The model then values every home in the city at that month-end, and again at the previous month-end using the same attributes, so the change reflects the market and not the housing stock ageing. The index moves by the ratio of the two totals, so dearer homes count for more, and chains month to month. Houses and units are modelled separately and combined by value into all dwellings; thinly traded areas borrow strength from their wider region. Sales that are not at arm's length, block sales and extreme outliers are removed first. Release and revisions: the series is refreshed monthly, a few days after month end, when most of that month's sales have arrived. Because settlements keep arriving, the latest 12 months can be revised each month; figures older than 12 months are frozen. Treat the most recent month as provisional, especially for Hobart, Darwin and Canberra, where fewer sales make the series noisier. Validation: we leave a fifth of homes out of the build entirely, then test how well the index predicts the price at which each of those homes later resold (repeat sales from January 2023 to September 2026). On that test its typical error matched or beat a leading commercial index in the seven cities with enough resales, with a lower typical error in four of them and a clear margin in one; Hobart had too few resales to test. A single home's resale price differs from any index by a wide margin (typical error 7 to 10% in the larger cities), so use this as a market level and trend, not a valuation of one property. Perth: our 12-month change to September 2026 (+14.7% for all dwellings) runs several points above other published measures of Perth values. On the held-out resales test our Perth error was still lower than the comparison index, so we publish it, but read the gap as uncertainty in how fast Perth is rising.

Fields

Field	Unit	Description
`sydney_all` Sydney home value index: all dwellings	index (May 2022 = 100)	Our home value index for all dwellings in Sydney at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`sydney_house` Sydney home value index: houses	index (May 2022 = 100)	Our home value index for houses in Sydney at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`sydney_unit` Sydney home value index: units and apartments	index (May 2022 = 100)	Our home value index for units and apartments in Sydney at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`melbourne_all` Melbourne home value index: all dwellings	index (May 2022 = 100)	Our home value index for all dwellings in Melbourne at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`melbourne_house` Melbourne home value index: houses	index (May 2022 = 100)	Our home value index for houses in Melbourne at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`melbourne_unit` Melbourne home value index: units and apartments	index (May 2022 = 100)	Our home value index for units and apartments in Melbourne at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`brisbane_all` Brisbane home value index: all dwellings	index (May 2022 = 100)	Our home value index for all dwellings in Brisbane at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`brisbane_house` Brisbane home value index: houses	index (May 2022 = 100)	Our home value index for houses in Brisbane at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`brisbane_unit` Brisbane home value index: units and apartments	index (May 2022 = 100)	Our home value index for units and apartments in Brisbane at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`adelaide_all` Adelaide home value index: all dwellings	index (May 2022 = 100)	Our home value index for all dwellings in Adelaide at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`adelaide_house` Adelaide home value index: houses	index (May 2022 = 100)	Our home value index for houses in Adelaide at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`adelaide_unit` Adelaide home value index: units and apartments	index (May 2022 = 100)	Our home value index for units and apartments in Adelaide at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`perth_all` Perth home value index: all dwellings	index (May 2022 = 100)	Our home value index for all dwellings in Perth at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`perth_house` Perth home value index: houses	index (May 2022 = 100)	Our home value index for houses in Perth at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`perth_unit` Perth home value index: units and apartments	index (May 2022 = 100)	Our home value index for units and apartments in Perth at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`hobart_all` Hobart home value index: all dwellings	index (May 2022 = 100)	Our home value index for all dwellings in Hobart at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`hobart_house` Hobart home value index: houses	index (May 2022 = 100)	Our home value index for houses in Hobart at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`hobart_unit` Hobart home value index: units and apartments	index (May 2022 = 100)	Our home value index for units and apartments in Hobart at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`darwin_all` Darwin home value index: all dwellings	index (May 2022 = 100)	Our home value index for all dwellings in Darwin at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`darwin_house` Darwin home value index: houses	index (May 2022 = 100)	Our home value index for houses in Darwin at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`darwin_unit` Darwin home value index: units and apartments	index (May 2022 = 100)	Our home value index for units and apartments in Darwin at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`canberra_all` Canberra home value index: all dwellings	index (May 2022 = 100)	Our home value index for all dwellings in Canberra at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`canberra_house` Canberra home value index: houses	index (May 2022 = 100)	Our home value index for houses in Canberra at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`canberra_unit` Canberra home value index: units and apartments	index (May 2022 = 100)	Our home value index for units and apartments in Canberra at the end of each month, with May 2022 set to 100. A reading of 110 means values are 10% above May 2022. It follows the market level, not the price of any one home.
`sydney_all_12m_change` Sydney all dwellings: 12-month change	%	Change in our Sydney home value index for all dwellings over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`sydney_house_12m_change` Sydney houses: 12-month change	%	Change in our Sydney home value index for houses over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`sydney_unit_12m_change` Sydney units and apartments: 12-month change	%	Change in our Sydney home value index for units and apartments over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`melbourne_all_12m_change` Melbourne all dwellings: 12-month change	%	Change in our Melbourne home value index for all dwellings over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`melbourne_house_12m_change` Melbourne houses: 12-month change	%	Change in our Melbourne home value index for houses over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`melbourne_unit_12m_change` Melbourne units and apartments: 12-month change	%	Change in our Melbourne home value index for units and apartments over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`brisbane_all_12m_change` Brisbane all dwellings: 12-month change	%	Change in our Brisbane home value index for all dwellings over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`brisbane_house_12m_change` Brisbane houses: 12-month change	%	Change in our Brisbane home value index for houses over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`brisbane_unit_12m_change` Brisbane units and apartments: 12-month change	%	Change in our Brisbane home value index for units and apartments over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`adelaide_all_12m_change` Adelaide all dwellings: 12-month change	%	Change in our Adelaide home value index for all dwellings over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`adelaide_house_12m_change` Adelaide houses: 12-month change	%	Change in our Adelaide home value index for houses over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`adelaide_unit_12m_change` Adelaide units and apartments: 12-month change	%	Change in our Adelaide home value index for units and apartments over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`perth_all_12m_change` Perth all dwellings: 12-month change	%	Change in our Perth home value index for all dwellings over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`perth_house_12m_change` Perth houses: 12-month change	%	Change in our Perth home value index for houses over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`perth_unit_12m_change` Perth units and apartments: 12-month change	%	Change in our Perth home value index for units and apartments over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`hobart_all_12m_change` Hobart all dwellings: 12-month change	%	Change in our Hobart home value index for all dwellings over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`hobart_house_12m_change` Hobart houses: 12-month change	%	Change in our Hobart home value index for houses over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`hobart_unit_12m_change` Hobart units and apartments: 12-month change	%	Change in our Hobart home value index for units and apartments over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`darwin_all_12m_change` Darwin all dwellings: 12-month change	%	Change in our Darwin home value index for all dwellings over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`darwin_house_12m_change` Darwin houses: 12-month change	%	Change in our Darwin home value index for houses over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`darwin_unit_12m_change` Darwin units and apartments: 12-month change	%	Change in our Darwin home value index for units and apartments over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`canberra_all_12m_change` Canberra all dwellings: 12-month change	%	Change in our Canberra home value index for all dwellings over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`canberra_house_12m_change` Canberra houses: 12-month change	%	Change in our Canberra home value index for houses over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`canberra_unit_12m_change` Canberra units and apartments: 12-month change	%	Change in our Canberra home value index for units and apartments over the 12 months to the end of the month, in percent. First available for May 2023, a year after the series starts.
`sydney_all_1m_change` Sydney all dwellings: 1-month change	%	Change in our Sydney home value index for all dwellings from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`sydney_house_1m_change` Sydney houses: 1-month change	%	Change in our Sydney home value index for houses from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`sydney_unit_1m_change` Sydney units and apartments: 1-month change	%	Change in our Sydney home value index for units and apartments from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`melbourne_all_1m_change` Melbourne all dwellings: 1-month change	%	Change in our Melbourne home value index for all dwellings from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`melbourne_house_1m_change` Melbourne houses: 1-month change	%	Change in our Melbourne home value index for houses from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`melbourne_unit_1m_change` Melbourne units and apartments: 1-month change	%	Change in our Melbourne home value index for units and apartments from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`brisbane_all_1m_change` Brisbane all dwellings: 1-month change	%	Change in our Brisbane home value index for all dwellings from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`brisbane_house_1m_change` Brisbane houses: 1-month change	%	Change in our Brisbane home value index for houses from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`brisbane_unit_1m_change` Brisbane units and apartments: 1-month change	%	Change in our Brisbane home value index for units and apartments from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`adelaide_all_1m_change` Adelaide all dwellings: 1-month change	%	Change in our Adelaide home value index for all dwellings from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`adelaide_house_1m_change` Adelaide houses: 1-month change	%	Change in our Adelaide home value index for houses from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`adelaide_unit_1m_change` Adelaide units and apartments: 1-month change	%	Change in our Adelaide home value index for units and apartments from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`perth_all_1m_change` Perth all dwellings: 1-month change	%	Change in our Perth home value index for all dwellings from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`perth_house_1m_change` Perth houses: 1-month change	%	Change in our Perth home value index for houses from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`perth_unit_1m_change` Perth units and apartments: 1-month change	%	Change in our Perth home value index for units and apartments from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`hobart_all_1m_change` Hobart all dwellings: 1-month change	%	Change in our Hobart home value index for all dwellings from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`hobart_house_1m_change` Hobart houses: 1-month change	%	Change in our Hobart home value index for houses from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`hobart_unit_1m_change` Hobart units and apartments: 1-month change	%	Change in our Hobart home value index for units and apartments from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`darwin_all_1m_change` Darwin all dwellings: 1-month change	%	Change in our Darwin home value index for all dwellings from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`darwin_house_1m_change` Darwin houses: 1-month change	%	Change in our Darwin home value index for houses from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`darwin_unit_1m_change` Darwin units and apartments: 1-month change	%	Change in our Darwin home value index for units and apartments from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`canberra_all_1m_change` Canberra all dwellings: 1-month change	%	Change in our Canberra home value index for all dwellings from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`canberra_house_1m_change` Canberra houses: 1-month change	%	Change in our Canberra home value index for houses from the previous month-end, in percent. The latest months can be revised as more sales arrive.
`canberra_unit_1m_change` Canberra units and apartments: 1-month change	%	Change in our Canberra home value index for units and apartments from the previous month-end, in percent. The latest months can be revised as more sales arrive.