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.

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.

Key information about Australia Gold Production

• Australia Real Residential Property Price Index was reported at 134.266 2010=100 in Sep 2024.
• This records an increase from the previous number of 132.982 2010=100 for Jun 2024.
• Australia Real Residential Property Price Index data is updated quarterly, averaging 49.675 2010=100 from Mar 1970 to Sep 2024, with 219 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 2.9% YoY in Dec 2024, following an increase of 5.8% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Sep 2004 to Dec 2024, with an average growth rate of 5.8%.
• House price data reached an all-time high of 24.1% in Dec 2021 and a record low of -6.1% in Mar 2019.

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.

The Report Covers Residential Real Estate Market Size and It is Segmented by Type (Apartments and Condominiums, Villas, and Landed Houses) and Cities (Sydney, Perth, Melbourne, Brisbane, and Other Cities). The Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.

Australia real estate market value reached around USD 136.50 Billion in 2024, driven by robust demand for residential properties. Recovering of economy has led to a surge in housing demand, particularly in major cities like Sydney, Brisbane, and Perth, where property values have reached record highs. Additionally, low interest rates and favourable lending conditions have made homeownership more accessible, further fuelling market activity. As a result, the industry is expected to grow at a CAGR of 3.60% during the forecast period of 2025-2034 to attain a value of USD 194.42 Billion by 2034. Government incentives and infrastructure developments are also expected to stimulate investment in real estate.

The Australian luxury residential property market is estimated to have a market size of 23.88 million in 2025, with a projected CAGR of 5.75% from 2025 to 2033. The market is driven by the increasing demand for luxury properties from wealthy individuals and families, both domestic and international. Other key drivers include low interest rates, strong economic growth, and a growing population of high-net-worth individuals. Key trends in the market include the increasing popularity of apartments and condominiums, the rise of eco-friendly luxury developments, and the growing demand for properties in regional areas. Constraints to the market include the lack of affordable housing, government regulations, and rising construction costs. The market is segmented by type (apartments and condominiums, villas and landed houses) and city (Sydney, Perth, Melbourne, Brisbane, other cities). Major companies in the market include Stunning Homes, Medallion Homes, Summit South West, Atrium Homes, and James Michael Homes. Recent developments include: August 2023: Sydney-based boutique developer Made Property laid plans for a new apartment project along Sydney Harbour amid sustained demand for luxury waterfront properties. The Corsa Mortlake development, positioned on Majors Bay in the harbor city’s inner west, will deliver 20 three-bedroom apartments offering house-sized living spaces and ready access to a 23-berth marina accommodating yachts up to 20 meters. With development approval secured for the project, the company is moving quickly to construction. Made Property expects construction to be completed in late 2025., September 2023: A luxurious collection of private apartment residences planned for a prime double beachfront site in North Burleigh was released to the market for the first time with the official launch of ultra-premium apartment development Burly Residences, being delivered by leading Australian developer David Devine and his team at DD Living. The first stage of Burly Residences released to the market includes prestigious two and three-bedroom apartments – with or without multipurpose rooms – and four-bedroom plus multipurpose room apartments that deliver luxury and space with expansive ocean and beach views.. Key drivers for this market are: 4., Increasing Number of High Net-Worth Individuals (HNWIs). Potential restraints include: 4., Rising Interest Rates. Notable trends are: Ultra High Net Worth Population Driving the Demand for Prime Properties.

Average House Prices in Australia increased to 1002.50 AUD Thousand in the first quarter of 2025 from 995.60 AUD Thousand in the fourth quarter of 2024. This dataset includes a chart with historical data for Australia Mean Dwelling Price.

The house price-to-income ratio in Australia was ***** as of the fourth quarter of 2024. This ratio, calculated by dividing nominal house prices by nominal disposable income per head, increased from the previous quarter. The price-to-income ratio can be used to measure housing affordability in a specific area. Australia's property bubble There has been considerable debate over the past decade about whether Australia is in a property bubble or not. A property bubble refers to a sharp increase in the price of property that is disproportional to income and rental prices, followed by a decline. In Australia, rising house prices have undoubtedly been an issue for many potential homeowners, pricing them out of the market. Along with the average house price, high mortgage interest rates have exacerbated the issue. Is the homeownership dream out of reach? Housing affordability has varied across the different states and territories in Australia. In 2024, the median value of residential houses was the highest in Sydney compared to other major Australian cities, with Brisbane becoming an increasingly expensive city. Nonetheless, expected interest rate cuts in 2025, alongside the expansion of initiatives to improve Australia's dwelling stock, social housing supply, and first-time buyer accessibility to properties, may start to improve the situation. These encompass initiatives such as the Australian government's Help to Buy scheme and the Housing Australia Future Fund Facility (HAFFF) and National Housing Accord Facility (NHAF) programs.

The Australian commercial real estate market, valued at $34.07 billion in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 8.46% from 2025 to 2033. This expansion is fueled by several key drivers. Strong population growth in major cities like Sydney, Melbourne, and Brisbane is increasing demand for office, retail, and industrial spaces. Furthermore, the burgeoning e-commerce sector is driving significant growth in the logistics and warehousing segments. Government infrastructure investments and a generally positive economic outlook also contribute to this positive market trajectory. While rising interest rates and potential economic slowdown pose some constraints, the long-term fundamentals of the Australian economy and the ongoing need for modern commercial spaces are expected to mitigate these risks. The market is segmented by property type (office, retail, industrial & logistics, hospitality, and others) and by city (Sydney, Melbourne, Brisbane, Adelaide, Canberra, Perth), reflecting diverse investment opportunities and regional variations in growth rates. Sydney and Melbourne are expected to remain dominant, given their established business ecosystems and high population densities. However, other cities such as Brisbane are witnessing significant growth driven by infrastructure development and population influx. The key players in this dynamic market, including Lendlease Corporation, Scentre Group Limited, and Mirvac, are well-positioned to capitalize on these growth opportunities. The segmentation of the market reveals significant potential within specific sectors. The industrial and logistics sector, driven by the e-commerce boom and supply chain optimization efforts, is anticipated to experience particularly strong growth. Similarly, the office sector, while facing some challenges from remote work trends, remains resilient due to the ongoing need for collaborative workspaces and central business district locations. The retail sector will continue to adapt to evolving consumer preferences, with a focus on experience-driven retail and omnichannel strategies. Careful consideration of factors like interest rate fluctuations, construction costs, and regulatory changes will be crucial for investors navigating the complexities of this dynamic market. The forecast period of 2025-2033 offers a promising outlook for sustained growth within this sector. Recent developments include: • October 2023: Costco is planning a major expansion in Australia, with several new warehouses under construction and several prime locations being considered for future locations. Costco currently operates 15 warehouses in Australia, with plans to expand to 20 within the next five years, based on current stores and potential locations., • July 2023: A 45-storey BTR tower will be developed by Lendlease and Japanese developer Daiwa House, completing the final phase of Lendlease's Melbourne Quarter project and its second Build-to-Rent (BTR) project in Australia. The USD 650 million deal, similar to Lend lease's first 443-unit BTR project under construction in the 5.5 hectares of mixed-use space at Brisbane Showground, is a stand-alone investment and is separate from the company's ongoing efforts to build a wider BTR partnership, which will include several assets.. Key drivers for this market are: Rapid Urbanization, Government Initiatives Actively promoting the Construction Activities. Potential restraints include: Rapid Urbanization, Government Initiatives Actively promoting the Construction Activities. Notable trends are: Retail real estate is expected to drive the market.

In 2024, one square meter of greenfield land cost an average of ***** Australian dollars in Sydney, marking an increase of over 100 Australian dollars from the previous year. Sydney has one of the highest land price rates for greenfield development in Australia.

Comprehensive Airbnb dataset for Sydney, Australia providing detailed vacation rental analytics including property listings, pricing trends, host information, review sentiment analysis, and occupancy rates for short-term rental market intelligence and investment research.

The prefabricated housing market, valued at $134.57 billion in 2025, is projected to experience robust growth, driven by increasing urbanization, rising construction costs, and a growing demand for sustainable and efficient housing solutions. The market's Compound Annual Growth Rate (CAGR) of 6.67% from 2025 to 2033 indicates a significant expansion, with the market expected to surpass $250 billion by 2033. Key drivers include the faster construction times offered by prefabrication, reduced labor costs, and improved quality control. Emerging trends, such as modular construction techniques and the integration of smart home technology, are further fueling market expansion. The market is segmented by housing type, with single-family homes and multi-family units representing significant portions of the market share. Leading companies like Daiwa House Industry, Sekisui House, and Asahi Kasei Corporation are driving innovation and market consolidation through technological advancements and strategic partnerships. While regulatory hurdles and public perception regarding prefabricated housing remain as potential restraints, the overall market outlook is overwhelmingly positive, reflecting a shift towards more efficient and sustainable building practices. The regional breakdown of the market shows strong growth potential across all regions, with North America, Asia Pacific, and Europe representing the largest market segments. However, emerging markets in the GCC and Rest of the World regions are also experiencing increasing adoption of prefabricated housing, driven by infrastructural development and government initiatives promoting affordable housing. The historical period (2019-2024) likely exhibited a growth trajectory that laid the foundation for the projected CAGR, and the forecast period (2025-2033) is expected to witness a continued acceleration of growth due to the factors mentioned above. The competitive landscape is dynamic, with both established players and new entrants vying for market share. This dynamic environment is fostering innovation and providing consumers with a wider variety of choices in prefabricated housing solutions. Recent developments include: October 2023: Lendlease and Daiwa House announced a new joint venture marking the start of construction. Lendlease, a global real estate group headquartered in Sydney, will develop and construct the new homes, which have an end value of circa GBP 250 million, and retain a 25% interest in the project, which will be the final stage of residential development at Elephant Park., July 2023: Mastry Ventures and LENx, the venture subsidiary of Lennar, co-invested in Vessel Technologies' next-generation housing product. The Vessel System housing system will focus on reimagining apartment buildings as a consumer product by making them attractive, sustainable, and user-centered at affordable prices. It will achieve results by prefabricating wall and ceiling components in the Vessel's factory, which would cut costs and time as opposed to conventional construction methods.. Key drivers for this market are: Increase FDI in construction in Asia-Pacific, Minimized Construction Wastage. Potential restraints include: Increase FDI in construction in Asia-Pacific, Minimized Construction Wastage. Notable trends are: Expansion Of Prefabricated Housing To Drive The Market.

CoreLogic Dwelling Prices MoM in Australia increased to 0.60 percent in June from 0.50 percent in May of 2025. This dataset includes a chart with historical data for Australia CoreLogic Dwelling Prices MoM.

In June 2025, commercial property sale asking prices were forecasted to witness a decrease of around **** percent. Within the given time period, the largest growth in commercial property asking prices was recorded in June 2021.

The UK residential building construction industry, valued at approximately £185.55 million in 2025, is projected to experience moderate growth, with a Compound Annual Growth Rate (CAGR) of 2.26% from 2025 to 2033. This growth is fueled by several factors. Increased urbanization and population growth in key cities like London, Birmingham, Glasgow, and Liverpool are driving demand for new housing, particularly within the villas and landed houses, and condominiums and apartments segments. Government initiatives aimed at addressing housing shortages and improving infrastructure also contribute positively. However, the market faces constraints including fluctuating material costs, skilled labor shortages, and potential economic downturns which could impact investment and consumer confidence. The industry is highly competitive, with major players such as Willmott Dixon Holdings, Mace, Skanska UK, and Balfour Beatty vying for market share. These companies leverage expertise in project management, sustainable construction practices, and innovative technologies to remain competitive. The geographical distribution of projects varies, with London and other major cities expected to dominate, but regional growth will be influenced by local economic conditions and availability of land. The industry's future trajectory will depend on addressing these challenges effectively while capitalizing on the opportunities presented by population growth and government support. The construction sector's performance is closely tied to broader economic health. Interest rate fluctuations and changes in mortgage availability directly influence consumer purchasing power, impacting housing demand. Environmental regulations and a growing emphasis on sustainable building practices are reshaping the industry, promoting the adoption of eco-friendly materials and energy-efficient designs. This trend aligns with broader societal concerns regarding climate change and resource management, impacting material sourcing and project specifications. Competition is likely to intensify as established firms consolidate and new entrants emerge, particularly those specializing in sustainable and technological innovations. Strategic partnerships and mergers and acquisitions will play a significant role in shaping the competitive landscape, leading to increased efficiency and potentially improved capacity to manage the industry's challenges and capitalize on its growth opportunities. Recent developments include: December 2022: 375 low-carbon rental homes are delivered as part of a historic restoration project for Bristol City Center through public-private partnerships., December 2022: As the One Sydney Harbour residential building from Lendlease celebrates a critical milestone of "topping out" of Residences One, marking the completion of the highest structural point of the 72-story tower, it has secured more than $3.7 billion in sales over its three towers.. Key drivers for this market are: 4., Growth in Commercial Activities and Increased Competition4.; Increasing Demand for Affordable Housing Units. Potential restraints include: 4., Lack of Housing Spaces and Mortgage Regulation can Create Challenges. Notable trends are: Government mandates pertaining to Energy Efficiency.

Australia Consumer Price Index (CPI): Sydney: Housing data was reported at 180.900 1989-1990=100 in Jun 2012. This records an increase from the previous number of 179.300 1989-1990=100 for Mar 2012. Australia Consumer Price Index (CPI): Sydney: Housing data is updated quarterly, averaging 98.600 1989-1990=100 from Sep 1972 (Median) to Jun 2012, with 160 observations. The data reached an all-time high of 180.900 1989-1990=100 in Jun 2012 and a record low of 16.900 1989-1990=100 in Sep 1972. Australia Consumer Price Index (CPI): Sydney: Housing 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.I009: Consumer Price Index: 1989-90=100: Eight Capital Cities.

In the first quarter of 2025, the prime office yield in Sydney CBD was 5.88 percent. The prime yield, representing the likely annual return on investment in the prime office market, had gradually decreased between 2016 and 2022, before starting to increase again over the last few years.

Rental is Australia’s emerging tenure. Each year the proportion of Australians who rent increases, many of us will rent for life, and for the first time in generations there are now more renters than home owners. Though the rental sector is home to almost one-third of all Australians, researchers and policy-makers know little about conditions in this growing market because there is currently no systematic or reliable data. This project provides researchers and policy stakeholders with an essential database on Australia’s rental housing conditions. This data infrastructure will provide the knowledge base for national and international research and allow better urban, economic and social policy development. Building on The 2016 Australian Housing Conditions Dataset, in 2020 we collected data on the housing conditions of 15,000 rental households, covering all Australian states and territories. The project is funded by the Australian Research Council and The University of Adelaide, in partnership with the University of South Australia, the University of Melbourne, Swinburne University of Technology, Curtin University and Western Sydney University and is led by Professor Emma Baker at the University of Adelaide. The Australian Housing and Urban Research Institute provided funding for the focussed COVID-19 Module.