November '25 Update
Australian monthly price index
Published 03/11/25 · Past updates ↰
/// EXPERIMENTAL ///
This is a new index model, we are still fully evaluating the results
Suggested reading: Our Core Index Set, The Distribution Model, The Geometric Mean for Property Price Indices
Model inputs are supplied under licence
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Capital Cities Overview
The capital cities continue to show consistent positive movement for both house and unit markets. Perth has seen the most sustained growth over the past 12 months. House prices in Perth, Brisbane, and Adelaide have all nearly doubled in the past 5 years.
There has been some notable reshuffling in the price hierarchy among the capital cities. Brisbane house prices exceeded Melbourne's from circa November 2024, largely due to Melbourne's relatively flat growth. This followed Brisbane unit prices rising above Canberra and Melbourne unit prices in early 2024.
Regional Centres
Year-on-year growth for all of our key regional indices is currently positive. WA is showing the strongest growth on a five-year basis for both houses and units (Bunbury and Busselton), alongside Townsville for houses. The Gold Coast and Sunshine Coast maintain their position as the highest-value regional centres for both houses and units.
Capital City SA4s
The fastest growth for house prices in the past five years has been in North Adelaide, closely followed by South East and South West Perth. For units, it is North Adelaide, followed by North and East Brisbane.