House prices have jumped 39.1% in the five years to March largely due to demand-supply imbalances, CoreLogic says
Get our afternoon election email, free app or daily news podcast
Australia’s national home values have surged 39.1% over the past five years, meaning the median dwelling value has increased by about $230,000, according to new CoreLogic data.
House prices jumped 39.1% in the five years to March 2025, according to CoreLogic’s April Housing Chart Pack. Meanwhile, the price of an average home has grown from 4.6 times the median income in 2001, to 6.5 in 2020, before hitting a record high of 8.0 at the end of last year.
Sign up for the Afternoon Update: Election 2025 email newsletter
More Stories
Melania Trump statue disappearance investigated by Slovenian police
Trump says he has a ‘little problem’ with Tim Cook over Apple’s India production
Son Heung-min tells South Korean police he is victim of blackmail attempt