Property Market Price Trends

Understand Australian property market price trends, both short and long-term, by major capital city.

This page includes a host of vital information to the property investor or observer, including detailed city price movements and growth rates, how long it’s been since the market last peaked in each city and auction clearance rate trends.

If you’re after a more local view of your local property market, get an expert opinion on what’s happening on the ground from your top local agent. Compare and connect with your agents here.

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12 Month Price Change (%)


Source: CoreLogic, updated daily, 9th March 2024.

3 Month Price Change (%)


Source: CoreLogic, updated daily, 9th March 2024.

12 Month Property Price Trend

Source: CoreLogic index, rebased to 100 a year ago, updated daily, 9th March 2024

5 Year Property Price Trend

Source: CoreLogic index, rebased to 100 5 year ago, updated daily, 9th March 2024

Note: Corelogic update their methodology on 1 Oct 2023. We have update our historical price database to reflect this back to Oct 2022. However data before this time period should be viewed as directional.

CoreLogic Index Price Changes

Source: CoreLogic, updated daily, 9th March 2024

Change From Recent Peak

Source: CoreLogic Index, updated daily, 9th March 2024

Auction Clearance Rates

Updated weekly, on Monday following Saturday’s auctions.

Read: Quick Guide to Auction Clearance Rates

Property Price Momentum

Updated weekly

Read: Quick Guide to Auction Clearance Rates

Note: Price figures for Perth before 02/10/2020 have been removed due to issues identified in data collection.

Capital City Property Prices (CoreLogic Indices)

All charts contain the CoreLogic Price Index on the y-axis.

Sydney

Melbourne

Brisbane inc GC

Adelaide

Perth