Are you looking to buy, sell, or just curious about what’s next in the property market? With all the chatter about rising house prices, changing interest rates, and talk of a boom, or bust, it can feel overwhelming to keep up.
That’s why we at Best Local Real Estate Agents have put together this in-depth guide to help you make sense of the latest property market trends. We’ll also see what’s happening in capital cities, how regional South Australia is performing, and where savvy investors and homebuyers are heading in 2025.
What is the Australian Real Estate Trend for 2025?
The Australian property market trends 2025 are shaping up to be a blend of stability and opportunity. According to CoreLogic’s latest Home Value Index (HVI), Australia’s housing market has entered a phase of modest but consistent growth.
Here are the key insights from authoritative sources:
- The total value of Australia’s residential property market has soared to $11 trillion, marking a new all-time high.
- National dwelling values rose 0.3% in April, adding around $2,720 in value to the average home, according to Forbes.
- Sydney and Melbourne each recorded a 0.2% rise in April alone.
- Perth and Brisbane saw a whopping 0.4% rise. Adelaide recorded an increase of 0.3%.
- Melbourne’s house prices saw a healthy 0.5% increase in March, while Perth outpaced other capital cities with a 1.6% increase in September, and a 6.6% rise in the June quarter.
These movements highlight a key theme: resilience.
Despite the headwinds of inflation and previous rate hikes, property market trends in Australia are showing that buyer demand is still strong, especially in capital cities like Adelaide, which recently joined the $1 million median house price club alongside Sydney, Brisbane, Melbourne, and Canberra.
But what about outside the big cities?
With the property market constantly shifting, it’s more important than ever for buyers and investors to stay informed. A property value calculator can be a handy tool to get a quick estimate of a property’s current market value—especially when trends start to influence pricing across different suburbs and states.
South Australia Spotlight: A Hidden Gem in the Property Market
While many eyes are on Sydney and Melbourne, South Australia, particularly Adelaide, has quietly emerged as a standout in the national property market. And it’s not just the capital; surrounding suburbs and regions are offering exciting opportunities for buyers, investors, and downsizers alike.
So, what’s fueling the growth here?
- First, house prices in Adelaide have surged significantly. According to The Guardian, the city has officially joined the elite club of Australian capital cities with a median house price of $1 million, placing it alongside Sydney, Melbourne, Brisbane, and Canberra.
- Second, demand continues to outweigh supply, especially in tightly held suburbs like Norwood, Glenelg, and Unley. These areas combine lifestyle appeal with excellent access to schools, transport, and dining, making them magnets for both families and investors.
- Third, regional areas just outside Adelaide, such as the Barossa Valley and Mount Barker, are also gaining traction. These spots offer a blend of rural charm and increasing connectivity, attracting tree-changers and those seeking affordable lifestyle shifts.
- According to the South Australian Housing Trust’s latest housing roadmap, housing approvals and development projects have increased steadily, with 1025 homes projected for completion by 2026. This indicates strong government and private sector confidence in the region’s real estate potential.
- And importantly, affordability remains a selling point. Compared to eastern seaboard capital cities, buyers can still enter the market in South Australia with a lower deposit and lower overall property cost, without sacrificing lifestyle or long-term growth prospects.
If you’re looking for growth, value, and livability, South Australia’s housing market deserves a top spot on your radar.
Capital Cities Overview: What’s Driving the Housing Market?
Each capital city tells its own real estate story.
- Sydney: Despite affordability pressures, house prices remain robust due to limited listings and sustained demand. The average house value here tops $1.2 million, the highest in the nation.
- Melbourne: While impacted by population shifts post-pandemic, the housing market is rebounding. Growth has been steady, and median prices continue to climb, especially in inner-ring suburbs.
- Brisbane: A go-to for interstate migrants, Brisbane’s housing market is benefiting from relative affordability and infrastructure investment ahead of the 2032 Olympics.
- Adelaide: Once undervalued, Adelaide is now a prime location. The median house price recently reached $1 million, driven by demand outpacing supply.
- Perth: One of the most dynamic markets today, Perth has experienced rapid growth thanks to interstate migration and strong economic fundamentals.
- Canberra: Growth here has plateaued, with predictions showing a modest 0% to 2% rise over the next 12 months. Still, it remains a stable real estate environment.
Why Work With Real Estate Professionals?
If you’re trying to make sense of all this market movement, the best thing you can do is connect with experienced, local real estate professionals.
On Best Local Real Estate Agents, you’ll find vetted agents who understand the suburb-level shifts but also know how to help buyers and sellers rely on the right strategy at the right time.
Whether you’re looking to buy your first home, invest in up-and-coming regional Victoria or sell for top dollar in a booming capital city, a trusted local expert can provide unmatched insights.
Frequently Asked Questions
What is the Australian real estate trend for 2025?
Expect moderate price increases (4%–6%), particularly in affordable suburbs and high-demand capital cities. Limited listings and strong demand continue to shape current property market trends.
Will property prices double in 10 years?
Historical market analysis suggests that property values in Australia double roughly every 10 to 12 years, depending on location and market conditions. For example, the median house price in Sydney in 2010 was around $643,000, according to Domain, Australian property website. By 2020, it had surpassed $1.2 million, effectively doubling in a decade.
While we can’t guarantee future performance, analysts agree that key capital cities and strategic regional areas are likely to follow similar long-term trends, especially in high-demand suburbs with limited land supply.
Are Australian home prices likely to rise 4%–6% in 2025 despite falling mortgage arrears?
The answers is yes. Mortgage arrears have actually declined, with experts noting that household debt servicing remains manageable for many, thanks to refinancing and wage growth. As a result, the housing market has remained resilient. Current projections estimate that house prices could rise between 4% and 6% across capital cities and select regional areas in 2025, particularly in:
- Inner suburbs with good infrastructure
- Growth corridors in Victoria, Queensland and South Australia
- Coastal lifestyle regions like the Sunshine Coast and Mornington Peninsula.
What is the prediction for the Australian real estate market by 2030?
By 2030, median house prices in major capital cities could rise by another 30% to 50%, depending on economic conditions, migration trends, and planning policies. Looking further ahead, the property market in Australia is expected to evolve with:
- Ongoing urban densification
- More environmentally sustainable housing developments
- Better data-driven valuation tools and tech-driven agent services
- Continued decentralisation, as hybrid work becomes the norm.
What suburbs are expected to perform best in 2025?
Look at outer-ring areas in Melbourne, growth corridors in Brisbane, and regional Victoria towns with good transport links. High-performing suburbs typically feature strong infrastructure, lifestyle appeal, and relative affordability.
Final Thoughts
Navigating the property market today means keeping your finger on the pulse of data, local trends, and expert insights. The landscape is dynamic, and what works in one area may not work in another.
If you’re serious about making the right move, whether as a buyer, seller, or investor, staying informed about current property market trends is your best tool, and partnering with the right local agent makes all the difference.
Ready to make your next property move with confidence? Join Best Local Real Estate Agents today and connect with the top real estate professionals and property managers in Adelaide who are trusted, transparent, and ready to help you grow.
