2025 A Top Year For Growth
Property price growth may have slowed toward the end of the year, but new data shows 2025 was still a winner for property owners.
Nationally median dwelling prices only rose by 0.1% in December, dragged down a little by subdued performances in the Sydney and Melbourne markets, but over the whole of 2025 values were up by 8.8%, according to PropTrack.
While that is a solid result, Hotspotting analysis shows that many individual suburbs, particularly in Australia’s smaller capital cities, have well outperformed that.
PropTrack data shows that Perth is the best-performing capital city house market, with its median up by 16.9% in 2025.
Darwin, which picked up dramatically in the second half of 2025, is next with growth of 14.7%, then Brisbane, 13.5%, Adelaide, 12.5% and Hobart, 9%.
Sydney’s median house price is up 6.9%, the ACT is up, 5.6% and Melbourne 4.7%.
PropTrack Senior Economist Anne Flaherty says while those results are solid, regional markets are still performing better than their capital city counterparts in most states.
The strongest regional house market growth was in Western Australia, which is up by 13.9%, followed by Queensland, up 12.7% and Regional South Australia, which is up 11.5%.
Cotality recorded similar figures. It says median dwelling values are up 8.7% in the past 12 months, which has added about $71,400 to Australia’s median dwelling value over the course of the year – the strongest gain since 2021 at the peak of the Covid buying frenzy.
