Home prices have increased sharply in 2025, with December reporting another month of strong property price growth to conclude the year. The national capital city median house price surged by 0.6% over December to $1,279,988, according to the latest data from My Housing Market. Annual national house prices are now higher by 9.9% and have…
Auction markets continue to deliver robust results as year-end approaches, with solid clearance rates despite high auction volumes. This weekend’s auction results around Australia: Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 1113 64.4% 1304 66.8% 979 61.7% Melbourne 1421 66.6% 1560 66.1% 1190 63.7% Brisbane…
Capital city unit rents generally increased over November with house rents steady overall compared to the previous month. Most capitals continued to report stable house rents over the month with Canberra and Brisbane higher by 0.9% and 0.7% respectively. Hobart house rents fell by 1.3% with Darwin down sharply by 3.6%. Sydney continued to report…
Capital city rental markets have reported generally tightening rental markets over October with vacancy rates falling in most capitals reflecting rising seasonal demand. Most capitals however again recorded steady house rents over October compared to the previous month, however rents were higher in Darwin by 2.0% with Adelaide and Hobart house rents falling by 0.4%…
Capital city home rental markets reported varied results over the first month of spring with vacancy rates continuing to tighten following the mid-year easing. House rents however were generally lower again with mixed rental growth for units. Most capitals again reported lower house rents over September with the exception of volatile Darwin with an increase…