Property Market News
The latest Australian property headlines, alongside the monthly and quarterly data shaping the market.
National home values +0.3% in April 2026
Perth
+2.1%
Brisbane
+1.2%
Adelaide
+1.1%
Sydney
-0.6%
Melbourne
-0.6%
Source: Cotality Home Value Index, April 2026 (released 1 May 2026). Capital-city month-on-month change in dwelling values.
National home prices -0.1% in April 2026 (+8.5% YoY)
Hobart
+0.3%
Brisbane
+0.2%
Adelaide
+0.2%
Perth
+0.2%
Darwin
+0.1%
Canberra
0.0%
Melbourne
-0.3%
Sydney
-0.5%
Source: PropTrack Home Price Index, April 2026 (released 1 May 2026). Capital-city month-on-month change. Median capital-city dwelling value $1,017,000; national median $910,000.
How is your state tracking?
Average dwelling value by state, December Quarter 2025.
- New South WalesNSW$1,301,100
- QueenslandQLD$1,066,000
- Western AustraliaWA$1,014,200
- Aust. Capital TerritoryACT$973,800
- South AustraliaSA$938,100
- VictoriaVIC$933,100
- TasmaniaTAS$703,800
- Northern TerritoryNT$580,000
Source: ABS Total Value of Dwellings, released 10 March 2026. Quarter change compares with the September quarter 2025. Individual suburbs may move differently.