Property Market Report

Real estate prices across most of the country will continue to rise in the next financial year, led by sizeable gains in Perth, Adelaide, Brisbane and Sydney, a new Domain report has forecast.

Across the combined capitals, house prices are tipped to increase by 4 to 7 per cent, while unit prices are anticipated to grow by 3 to 5 per cent. 

By the end of the 2025 financial year, the median house price will have surpassed $1.7 million in Sydney and $800,000 in Perth, according to the Domain Forecast Report. Adelaide and Brisbane will be on the cusp of cracking the $1 million median house price, if they haven’t already hit seven figures.