Australian property values have experienced significant growth over the past decade, though the rate of growth has varied considerably between cities and regions. Sydney and Melbourne have historically led price growth, while Perth, Brisbane and Adelaide have seen strong appreciation in more recent years.
CoreLogic Home Value Index data tracks median dwelling values across Australian capital cities and regional areas monthly, using a hedonic regression methodology that controls for changes in the composition of properties sold.
Property values in Australia are influenced by interest rates, population growth, housing supply, immigration levels, and local economic conditions.
Data sourced from CoreLogic Home Value Index annual releases and ABS Total Value of Dwellings quarterly statistics. Updated quarterly.