Australian Property Prices Just Hit a Record High — And They're Set to Soar Higher
- Entre Shield
- Jun 21
- 2 min read
Source: Real Estate
Australia’s property market just hit a historic milestone — the median home value is now $805,000, the highest on record. But here’s what savvy investors and first-home buyers really need to know: this is just the beginning.
According to the latest PropTrack data, home values rose another 0.2% in April and are up 3.7% over the past year. But three powerful tailwinds are aligning — and they could supercharge property prices for the rest of 2025:
1. Rate Cuts Are Coming — And That Means More Buying Power
With inflation back in the RBA’s target range, a May interest rate cut is almost locked in. Lower rates = higher borrowing capacity, reduced repayments, and more buyers flooding the market. If you’ve been waiting for the “right time” to buy — this is it.
2. Election = First-Home Buyer Incentives
Both major parties are gearing up with generous incentives for first-home buyers. These schemes could save you tens of thousands — but they’ll also heat up competition. Smart buyers will act before the post-election rush.
3. A Growing Supply Crunch
Construction slowdowns and high building costs mean fewer homes are hitting the market. Demand is rising — supply isn’t. The result? Prices are set to climb further, especially in high-growth regions like Adelaide, Brisbane, and Perth.
Units Are the New Goldmine
With houses becoming less affordable, buyers are turning to units — and the returns speak for themselves.
Brisbane units: up 13.2% in 12 months
Perth units: up 12.9%
Inner Melbourne units: up 5.9% in just 3 months
Final Word: Waiting could cost you.
Prices are already rising. Borrowing is about to get easier. Government incentives are on the table. Whether you’re buying your first home or your next investment — the window of opportunity is now.
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