Key Summary
- National home values rose 0.6% in June 2025, marking the fifth consecutive month of growth and setting new record highs in Sydney, Brisbane, Perth, Adelaide, and Darwin.
- Annual growth in home values reached 4.6% nationally, with regional markets outpacing capital cities in yearly gains.
- Interest rate cuts and expectations of further reductions have boosted buyer confidence and market momentum.
- Auction clearance rates surged to 74.5%, the highest since July 2024, reflecting renewed buyer competition.
- Supply remains tight, with advertised stock levels 16.7% below the five-year average, contributing to upward price pressure.
- Regional markets and select capital city suburbs delivered standout performances, with Darwin and Adelaide leading in quarterly and annual growth.
Introduction
National Overview
National home values rose 0.6% in June, marking a new record high. Prices are now 4.6% higher than a year ago, up $40,900 over the past year.
PropTrack Home Price Index, June 2025
- Total value of residential property: $11.37 trillion (March 2025)
- National median home value: $837,586 (June 2025)
- Quarterly growth: particularly monetary policy 1.4% nationally (April–June 2025)
- Annual growth: 4.6% (June 2024–June 2025)
State-by-State Highlights
Regional Markets
- Regional home prices rose 0.5% in June and are up 5.5% year-on-year, outpacing capital cities in annual growth.
- Tasmania’s West & North-West led the state with annual increases of about 5.6%.
- Northern Territory regional centres like Alice Springs saw median house prices reach $535,000, with rents up 3.5%.
Market Drivers and Trends
Conclusion
The first half of 2025 has laid a strong foundation for the next phase of the Australian property market. We’re seeing steady, broad-based growth fuelled by interest rate cuts, limited housing supply, and renewed buyer confidence. With record-high home values in several capitals, robust auction activity, and strong regional results, the market is not just recovering—it’s gaining momentum for a new growth cycle.
As we enter the second half of the year, the traditional spring surge, potential further rate changes, and the resilience of both capital city and regional markets will create fresh opportunities and challenges. Whether you’re looking to buy, sell, or invest, now is the time to act strategically.
As we enter the second half of the year, the traditional spring surge, potential further rate changes, and the resilience of both capital city and regional markets will create fresh opportunities and challenges. Whether you’re looking to buy, sell, or invest, now is the time to act strategically.
Take the next step with confidence:
- If you’re considering your first purchase, upgrading, or investing, reach out to us for tailored advice.
- Book a one-on-one consultation for suburb-level insights and a personalised action plan.
- Stay ahead of the competition by leveraging our local expertise and up-to-date market intelligence.
