Call for free independent agent advice
Home › Property Market Update
Key Updates for Homeowners
Regional areas continue to outperform capital cities overall, with WA and QLD leading annual growth—some areas saw values rise over 20%.
For insights on how your local market is performing and your property’s value start here.
Table of Contents
This chart shows the percentage change in property values across different locations in Australia. Select the property type, time period, and whether to include regional areas to compare market trends.
CoreLogic Home Value Index, Released on 1st April 2025
Read More: Latest Property Market Update for Sydney
Read More: Latest Property Market Update for Melbourne
Read More: Latest Property Market Update for Brisbane
Read More: Latest Property Market Update for Adelaide
Read More: Latest Property Market Update for Perth
Read More: Latest Property Market Update for Canberra
Read More: Latest Property Market Update for Hobart
Read More: Latest Property Market Update for Darwin
Change in dwelling values over key time periods
The Australian banks forecast:
Oxford Economics has also released a three year property price forecast.
For the second half of 2024 this means:
Each month, independent property valuation firm Herron Todd White (HTW) publishes a residential property report that assesses the performance of Australia’s 50 largest markets. HTW’s Property Clock grades each market based on current and predicted performance to determine whether it’s rising, falling, peaking or bottoming out.
Australian Property Clock: Houses
Australian Property Clock: Units
In conclusion, while Australia’s housing market has seen a modest rebound with values reaching new record highs in March, the outlook remains cautiously balanced. Factors such as improved consumer sentiment, easing inflation, and a resilient labour market are supporting conditions, yet persistent affordability issues, tight credit policies, and subdued population growth are acting as constraints. With the rate-cutting cycle expected to be gradual and housing supply still limited, any sustained upswing in values is likely to remain moderate and uneven across regions.
Get your free property report for a property value estimate and local market conditions. Get a personalised shortlist of the top performing local agents to sell, rent or buy with confidence. Secure a free property appraisal with a top local agent for an estimate of your property’s worth.
Get a free property appraisal – Which Real Estate Agent
Housing Affordability Calculator
Reach out to one of our knowledgeable team members below.
If you would like to be introduced to a top buyer’s agent to help with finding and securing your next property fill out the below form and we will be in touch to quickly understand what you’re looking for and to put forward a couple free suggestions.
If you are thinking of selling your property, we can also introduce you to a top selling agents, click here to find out more.