Housing Index in Australia increased to 183.90 points in the fourth quarter of 2021 from 175.60 points in the third quarter of 2021. This dataset provides the latest reported value for - Australia House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Australia’s real house price index increased to ***** in the first quarter of 2025. House prices fluctuated over the reported period compared to the base year of 2015, experiencing a sharp increase throughout 2021, with the country’s house price index peaking in the first quarter of 2022 at *****. Prospective homeowners priced out of the market Recent house price increases reflect the ongoing challenges of housing affordability in Australia. Property prices largely outpace income growth, reigniting discussions about whether the country is stuck in a property bubble, a topic that has been debated for over a decade. The country’s house price-to-income ratio hit ***** in the second quarter of 2024, the highest ratio recorded over the past five years, making it increasingly difficult to get on the property ladder. Unaffordable rental conditions Australia’s rental market has also seen challenges, with the rent price index continuing to climb throughout 2024 into the first quarter of 2025, making the prospect of renting less appealing. As of March 2025, the average weekly house rent price in Sydney stood at *** Australian dollars, the highest across the country’s major cities. Canberra, Darwin, and Perth were the next most expensive markets for house rents, while Hobart was the most affordable capital city for both house and unit rent prices.

Graph and download economic data for Real Residential Property Prices for Australia (QAUR628BIS) from Q1 1970 to Q2 2025 about Australia, residential, HPI, housing, real, price index, indexes, and price.

Key information about Australia Gold Production

• Australia Real Residential Property Price Index was reported at 134.815 2010=100 in Jun 2025.
• This records an increase from the previous number of 133.974 2010=100 for Mar 2025.
• Australia Real Residential Property Price Index data is updated quarterly, averaging 48.406 2010=100 from Mar 1970 to Jun 2025, with 222 observations.
• The data reached an all-time high of 141.875 2010=100 in Mar 2022 and a record low of 31.307 2010=100 in Mar 1970.
• Australia Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

Key information about House Prices Growth

• Australia house prices grew 3.5% YoY in Jun 2025, following an increase of 4.2% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Sep 2004 to Jun 2025, with an average growth rate of 0.0%.

CEIC calculates quarterly House Price Index Growth from quarterly Residential Dwellings: Mean Price of Eight Capital Cities. The Australian Bureau of Statistics provides Residential Dwellings: Mean Price of Eight Capital Cities in local currency. House Price Index Growth prior to Q3 2012 is calculated from Residential Property Price Index: Weighted Average of Eight Capital Cities.

The average price of Australian residential property has risen over the past ten years, and in June 2025, it reached over one million 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 June quarter of 2025, the number of residential dwellings reached around 11.37 million, representing an increase of about 53,600 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.

House Price Index YoY in Australia increased to 23.70 percent in the fourth quarter of 2021 from 21.70 percent in the third quarter of 2021. This dataset includes a chart with historical data for Australia Residential Property Price Index YoY.

Sydney had the highest median house value compared to other capital cities in Australia as of April 2025, with a value of over **** million Australian dollars. Brisbane similarly had relatively high average residential housing values, passing Canberra and Melbourne to top the pricing markets for real estate across the country alongside Sydney. Housing affordability in Australia Throughout 2024, the average price of residential dwellings remained high across Australia, with several capital cities breaking price records. Rising house prices continue to be an issue for potential homeowners, with many low- and middle-income earners priced out of the market. In the fourth quarter of 2024, Australia’s house price-to-income ratio declined slightly to ***** index points. With the share of household income spent on mortgage repayments increasing alongside the disparity in supply and demand, inflating construction costs, and low borrowing capacity, the homeownership dream has become an unattainable prospect for the average person in Australia. Does the rental market offer better prospects? Renting for prolonged periods has become inevitable for many Australians due to the country’s largely inaccessible property ladder. However, record low vacancy rates and elevated median weekly house and unit rent prices within Australia’s rental market are making renting a less appealing prospect. In financial year 2024, households in the Greater Sydney metropolitan area reported spending around ** percent of their household income on rent.

The Residential Property Price Index in Australia rose by 4.7 percent qoq in Q4 2021, above market consensus of 3.9 percent and after a 5.0 percent growth in Q3. This was the sixth straight quarter of growth in property prices, supported by record-low interest rates and strong demand. The strongest quarterly price increases were recorded in Brisbane (9.6 percent), followed by Adelaide (6.8 percent), Hobart (6.5 percent), and Canberra (6.4 percent). Through the year to Q4, the index jumped to a record high of 23.7 percent, with Hobart, Canberra, Brisbane, Sydney, and Adelaide having the largest annual rise since the commencement of the series; while Melbourne had the largest annual rise since Q2 2010. This dataset includes a chart with historical data for Australia House Price Index QoQ.

This project comprises two studies that examine the relationship between investor attention and house prices in the Australian housing market. The first study investigates the correlation between investor attention, measured by the Google Search Volume Index, and house prices in Australia. It uncovers a strong positive correlation, indicating that fluctuations in investor attention closely align with changes in house prices. The study also highlights the predictive potential of investor attention in forecasting housing market trends, supported by behavioural finance principles that emphasise the impact of investor sentiment on asset pricing, particularly in real estate. The second study explores the bidirectional relationship between house prices and investor attention using OLS regression, VAR modeling, Granger causality tests, impulse response functions, and forecast error variance decomposition. The findings confirm that investor attention significantly influences housing prices, and past house prices can also impact current investor attention. In addition, short-term shocks in house prices cause fluctuations in investor attention, although these effects are transient. This study underscores the importance of integrating investor attention with traditional economic factors to better understand and predict housing market dynamics. These empirical studies contribute significantly to the literature on investor attention and housing market dynamics, representing some of the earliest empirical inquiries into the relation between housing market fluctuations and investor attention. By bridging these two critical domains, the research provides valuable insights for policymakers, real estate investors, and market analysts. The findings also lay a foundation for scholars and practitioners to enhance housing market analysis and prediction, offering substantial implications for market forecasting and intervention strategies.

Average House Prices in Australia increased to 1016.70 AUD Thousand in the second quarter of 2025 from 1002.50 AUD Thousand in the first quarter of 2025. This dataset includes a chart with historical data for Australia Mean Dwelling Price.

Provides estimates of changes in residential property prices in each of the eight capital cities of Australia and related statiastics. The information is presented in the form of price indexes for established houses and attached dwellings as well as an aggregated residential property price index. Estimates relating to the total value of the dwelling stock, transfer counts and medians are also provided.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

Residential Property Prices in Australia increased 3.47 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Australia Residential Property Prices.

Real estate markets are of great importance for both local and international investors. Sydney and Melbourne are two dynamic markets where economic and social factors have significant impacts on property prices. Below is a detailed description of each feature:

1. Date: The date when the property was sold. This feature helps in understanding the temporal trends in property prices.
2. Price:The sale price of the property in USD. This is the target variable we aim to predict.
3. Bedrooms:The number of bedrooms in the property. Generally, properties with more bedrooms tend to have higher prices.
4. Bathrooms: The number of bathrooms in the property. Similar to bedrooms, more bathrooms can increase a property’s value.
5. Sqft Living: The size of the living area in square feet. Larger living areas are typically associated with higher property values.
6. Sqft Lot:The size of the lot in square feet. Larger lots may increase a property’s desirability and value.
7. Floors: The number of floors in the property. Properties with multiple floors may offer more living space and appeal.
8. Waterfront: A binary indicator (1 if the property has a waterfront view, 0 other- wise). Properties with waterfront views are often valued higher.
9. View: An index from 0 to 4 indicating the quality of the property’s view. Better views are likely to enhance a property’s value.
10. Condition: An index from 1 to 5 rating the condition of the property. Properties in better condition are typically worth more.
11. Sqft Above: The square footage of the property above the basement. This can help isolate the value contribution of above-ground space.
12. Sqft Basement: The square footage of the basement. Basements may add value depending on their usability.
13. Yr Built: The year the property was built. Older properties may have historical value, while newer ones may offer modern amenities.
14. Yr Renovated: The year the property was last renovated. Recent renovations can increase a property’s appeal and value.
15. Street: The street address of the property. This feature can be used to analyze location-specific price trends.
16. City: The city where the property is located. Different cities have distinct market dynamics.
17. Statezip: The state and zip code of the property. This feature provides regional context for the property.
18. Country: The country where the property is located. While this dataset focuses on properties in Australia, this feature is included for completeness.

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In December 2023, the Housing Consumer Price Index (CPI) in Sydney, Australia reached 150 index points. The CPI for housing in Australia had experienced a sharp increase over the past year, rising just under 10 index points.

This dataset provides values for CASE SHILLER HOME PRICE INDEX reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

House price affordability for Greater Sydney Region. Details on the methodology can be found here: http://blogs.unsw.edu.au/cityfutures/blog/2016/03/where-is-housing-affordable-in-sydney/

CoreLogic Dwelling Prices MoM in Australia decreased to 1 percent in November from 1.10 percent in October of 2025. This dataset includes a chart with historical data for Australia CoreLogic Dwelling Prices MoM.

The rent price index in Australia in the first quarter of 2025 was *****, marking an increase from the same quarter of the previous year. Rent prices had decreased in 2020; in Melbourne and Sydney, this was mainly attributed to the absence of international students during the coronavirus outbreak. The current state of the rental market in Australia The rental market in Australia has been marked by varying conditions across different regions. Among the capital cities, Sydney has long been recognized for having some of the highest average rents. As of March 2025, the average weekly rent for a house in Sydney was *** Australian dollars, which was the highest average rent across all major cities in Australia that year. Furthermore, due to factors like population growth and housing demand, regional areas have also seen noticeable increases in rental prices. For instance, households in the non-metropolitan area of New South Wales’ expenditure on rent was around ** percent of their household income in the year ending June 2024. Housing affordability in Australia Housing affordability remains a significant challenge in Australia, contributing to a trend where many individuals and families rent for prolonged periods. The underlying cause of this issue is the ongoing disparity between household wages and housing costs, especially in large cities. While renting offers several advantages, it is worth noting that the associated costs may not always align with the expectation of affordability. Approximately one-third of participants in a recent survey stated that they pay between ** and ** percent of their monthly income on rent. Recent government initiatives, such as the 2024 Help to Buy scheme, aim to make it easier for people across Australia to get onto the property ladder. Still, the multifaceted nature of Australia’s housing affordability problem requires continued efforts to strike a balance between market dynamics and the need for accessible housing options for Australians.