The average price of Australian residential property has risen over the past ten years, and in December 2024, it reached 976,800 Australian dollars. Nonetheless, property experts in Australia have indicated that the country has been in a property bubble over the past decade, with some believing the market will collapse sometime in the near future. Property prices started declining in 2022; however, a gradual upward trend was witnessed throughout 2023, with minor fluctuations in 2024. Australian capital city price differences While the national average residential property price has exhibited growth, individual capital cities display diverse trends, highlighting the complexity of Australia’s property market. Sydney maintains its position as the most expensive residential property market across Australia's capital cities, with a median property value of approximately 1.19 million Australian dollars as of April 2025. Brisbane has emerged as an increasingly pricey capital city for residential property, surpassing both Canberra and Melbourne in median housing values. Notably, Perth experienced the most significant annual increase in its average residential property value, with a 10 percent increase from April 2024, despite being a comparably more affordable market. Hobart and Darwin remain the most affordable capital cities for residential properties in the country. Is the homeownership dream out of reach? The rise in property values coincides with the expansion of Australia's housing stock. In the December quarter of 2024, the number of residential dwellings reached around 11.29 million, representing an increase of about 53,200 dwellings from the previous quarter. However, this growth in housing supply does not necessarily translate to increased affordability or accessibility for many Australians. The country’s house prices remain largely disproportional to income, leaving the majority of low- and middle-income earners priced out of the market. Alongside this, elevated mortgage interest rates in recent years have made taking out a loan increasingly unappealing for many potential property owners, and the share of mortgage holders at risk of mortgage repayment stress has continued to climb.

This statistic displays the median price for dwellings in major cities in Australia, as of ***********. That year, the median price for a dwelling in Darwin was about *** thousand Australian dollars.

In the third quarter of 2023, the median price of residential property transfers for established housing in Darwin came to around *** thousand Australian dollars. This marked the highest median price of established housing transfers in Darwin within the given time period.

As of September 2024, the average rental yield of units in Darwin was the highest amongst the capital cities in Australia at 7.64 percent. The lowest average unit rental yield was recorded in Hobart, Tasmania, with a rental yield of 4.14 percent.

As of September 2024, the average rental yield of houses in Sydney, New South Wales, was **** percent. In Darwin, the rental yield for houses measured **** percent, which was the highest across all Australian capital cities during that quarter.

Taiwan Resid Transact excl PS: 3MMA: NT: Avg Value (AV) data was reported at 12,460.000 NTD th in Mar 2018. This records an increase from the previous number of 12,390.000 NTD th for Feb 2018. Taiwan Resid Transact excl PS: 3MMA: NT: Avg Value (AV) data is updated monthly, averaging 11,690.000 NTD th from Jul 2010 (Median) to Mar 2018, with 93 observations. The data reached an all-time high of 12,810.000 NTD th in Feb 2015 and a record low of 7,900.000 NTD th in Jul 2010. Taiwan Resid Transact excl PS: 3MMA: NT: Avg Value (AV) data remains active status in CEIC and is reported by Sinyi Realty Incorporation. The data is categorized under Global Database’s Taiwan – Table TW.EB021: Residential Property Transaction: By Region: Sinyi Realty: 3-Month Moving Average.