A survey conducted among Australian adults in November 2024 reported that residents in Western Australia had the greatest average length of home ownership at 11 years.

Graph and download economic data for Real Residential Property Prices for Australia (QAUR628BIS) from Q1 1970 to Q3 2024 about Australia, residential, HPI, housing, real, price index, indexes, and price.

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/

In the year ended June 2024, around 39 percent of the household income of students living in shared housing in the Greater Sydney area was spent on rent. This share was the lowest for students living in South Australia, excluding households in Adelaide.

Key information about House Prices Growth

• Australia house prices grew 6.6% YoY in Sep 2024, following an increase of 6.7% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Sep 2004 to Sep 2024, with an average growth rate of 6.0%.
• House price data reached an all-time high of 24.1% in Dec 2021 and a record low of -6.1% in Mar 2019.

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.

In 2024, the largest share of houses sold in Sydney, Australia were in the price category of 2.3 million Australian dollars and above. Around 30.2 percent of house sold in Sydney were in the less than 1,699,999 Australian dollars price bracket.

Australia Consumer Price Index (CPI): Sydney: Housing: Rents: Rents data was reported at 136.000 2011-2012=100 in Dec 2024. This records an increase from the previous number of 135.100 2011-2012=100 for Sep 2024. Australia Consumer Price Index (CPI): Sydney: Housing: Rents: Rents data is updated quarterly, averaging 60.600 2011-2012=100 from Sep 1972 (Median) to Dec 2024, with 210 observations. The data reached an all-time high of 136.000 2011-2012=100 in Dec 2024 and a record low of 8.500 2011-2012=100 in Sep 1972. Australia Consumer Price Index (CPI): Sydney: Housing: Rents: Rents data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.I007: Consumer Price Index: 2011-12=100: Eight Capital Cities.

Australia Consumer Price Index (CPI): Sydney: Housing: New Dwelling Purchase by Owner-Occupiers data was reported at 175.100 2011-2012=100 in Dec 2024. This records a decrease from the previous number of 175.800 2011-2012=100 for Sep 2024. Australia Consumer Price Index (CPI): Sydney: Housing: New Dwelling Purchase by Owner-Occupiers data is updated quarterly, averaging 99.500 2011-2012=100 from Jun 1998 (Median) to Dec 2024, with 107 observations. The data reached an all-time high of 175.800 2011-2012=100 in Sep 2024 and a record low of 60.000 2011-2012=100 in Jun 1998. Australia Consumer Price Index (CPI): Sydney: Housing: New Dwelling Purchase by Owner-Occupiers data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.I007: Consumer Price Index: 2011-12=100: Eight Capital Cities.

This statistic depicts the number of new property listings in Sydney, Australia from 2010 to 2019. In 2019, there were around 5.2 thousand new real estate listings across Sydney in Australia, a decrease from the previous year.

Housing Affordability Supply and Demand Data. \r \r Number of South Australian households paying more than 30% of their household income on housing (rent or mortgage) broken down by very low, low and moderate income brackets.\r \r This dataset relates to section 4, Housing Stress, of the Affordability master reports produced by the SA Housing Authority. Each master report covers one Local Government Area and is entitled ‘Housing Affordability – Demand and Supply by Local Government Area’. \r \r The Demand for Supply for LGA reports are available online at: https://data.sa.gov.au/data/dataset/housing-affordability-demand-and-supply-by-local-government-area\r \r Explanatory Notes:\r \r Data sourced from the Australian Bureau of Statistics (ABS), Census for Population and Housing and it is updated every 5 years in line with the ABS Census. \r \r The nature of the income imputation means that the reported proportion may significantly overstate the true proportion. Census housing stress data is best used in comparing results over Censuses (ie did it increase or decrease in an area) rather than using it to ascertain what proportion of households were in rental stress.\r \r Income bands are based on household income.\r \r High income households can also experience rental stress. These households are included in the total but not identified separately. Data is representative of households in very low, low and moderate income brackets.\r \r Please note that there are small random adjustments made to all cell values to protect the confidentiality of data. These adjustments may cause the sum of rows or columns to differ by small amounts from table totals.

Property NSW's Annual Review and statutory information for related entities 2015-16.

The Student Housing Management industry has struggled over the past few years, due to the effects of the COVID-19 pandemic. The industry is highly dependent on international students as these students make up more than 75.0% of students seeking accommodation in Australia. International students entering Australia and funding for purpose-built student accommodation (PBSA) underpin the industry’s performance. The pandemic limited demand for student accommodation as border closures prevented students from entering Australia, dampening industry revenue for the duration of the restrictions. Many international students either returned to their home countries of started studying remotely, limiting demand for accommodation. Once borders reopened, growth in the number of Indian students supported aa slight recovery in revenue, although continued drops in the number of Chinese students has limited this recovery. Revenue is expected to decline at an annualised 5.6% to $340.0 million over the five years through 2023-24. This includes an anticipated rise of 4.3% in the current year. Over the next few years, the industry is projected to continue recovering and growing as demand is forecast to grow as well. The number of foreign students and demand from university and higher education are both set to expand, aiding demand for the Student Housing Management industry. However, with further regulation and an appreciating Australian dollar in the coming years, universities may raise tuition costs, limiting rises in revenue and profitability. Revenue is projected to rise at an annualised 2.6% to $387.2 million over the five years through 2028-29, representing the industry's return to growth.

Australia Consumer Price Index (CPI): Sydney: Housing: Utilities data was reported at 132.500 2011-2012=100 in Dec 2024. This records a decrease from the previous number of 147.900 2011-2012=100 for Sep 2024. Australia Consumer Price Index (CPI): Sydney: Housing: Utilities data is updated quarterly, averaging 41.950 2011-2012=100 from Sep 1972 (Median) to Dec 2024, with 210 observations. The data reached an all-time high of 156.400 2011-2012=100 in Sep 2023 and a record low of 7.500 2011-2012=100 in Jun 1973. Australia Consumer Price Index (CPI): Sydney: Housing: Utilities data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.I007: Consumer Price Index: 2011-12=100: Eight Capital Cities.

Australia Consumer Price Index (CPI): Sydney: Housing: Other data was reported at 150.000 2011-2012=100 in Dec 2024. This records an increase from the previous number of 149.500 2011-2012=100 for Sep 2024. Australia Consumer Price Index (CPI): Sydney: Housing: Other data is updated quarterly, averaging 99.500 2011-2012=100 from Jun 1998 (Median) to Dec 2024, with 107 observations. The data reached an all-time high of 150.000 2011-2012=100 in Dec 2024 and a record low of 60.200 2011-2012=100 in Jun 1998. Australia Consumer Price Index (CPI): Sydney: Housing: Other data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.I007: Consumer Price Index: 2011-12=100: Eight Capital Cities.

The number of housing units authorized in Sydney has fallen in 2022 and 2023. The number of dwellings approved per thousand residents has also been decreasing in the past years, with 2021 being the only year when those figures rose.

Property boundaries represent the extent of ownership of an address in line with NSW Valuer General for the purposes of address verification and rating. The spatial layer is derived from land parcel boundaries (cadastre) originally supplied by NSW Spatial Services who remain the source of cadastral information. See SiX mapsThis spatial layer has been significantly changed and maintained by City of Sydney Spatial Services. This layer is not survey accurate.Geoservice API disabled, but geojson and download permitted.

The average housing costs for Australian renters of private property amounted to 415 Australian dollars per week in 2020. In 2022, between 21 to 29 percent of the household income of renters was spent on rent across the country.

Short-term impact of the coronavirus pandemic

With the global outbreak of COVID-19, the historically strong Australian housing market is not immune. In the short-term, the country saw a drop in rental housing demand as a direct result of migration ceasing, falling overseas student numbers, and younger people opting to stay home. With travel opening up, a spike in rental vacancy rates is expected, with short-term rentals, such as those from travel websites, suddenly flooding the long-term rental market. The influx of housing may ease pressure on potential tenants in certain areas, and it may have the carry-on effect of rental costs stabilizing, or in some cases declining. In the inner suburbs of Sydney and Melbourne, for instance, there has already been a significant increase in rental listings compared to the previous year.

A dataset comparing the cost of living between Sydney and Melbourne in 2025, covering rent, property prices, transport, dining, childcare, and entertainment expenses.

Australia Consumer Price Index (CPI): Housing: Rents: Rents data was reported at 203.800 1989-1990=100 in Jun 2012. This records an increase from the previous number of 201.500 1989-1990=100 for Mar 2012. Australia Consumer Price Index (CPI): Housing: Rents: Rents data is updated quarterly, averaging 107.000 1989-1990=100 from Sep 1972 (Median) to Jun 2012, with 160 observations. The data reached an all-time high of 203.800 1989-1990=100 in Jun 2012 and a record low of 19.400 1989-1990=100 in Sep 1972. Australia Consumer Price Index (CPI): Housing: Rents: Rents data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.I008: Consumer Price Index: 1989-90=100.

In 2022, Sydney was listed as the second-least affordable city worldwide in terms of housing affordability, as well as the most unaffordable capital city for houses in Australia, with a median multiple house price relative to income value of 15.3, meaning that housing prices in Sydney were over 15 times the average annual gross median household income.