Perth, Adelaide, Sydney and Brisbane are expected to lead the pack as house prices jump across Australia in 2025 financial year

Australian home prices are expected to rise once again, with record highs for houses and units in most capital cities. Perth, Adelaide, Sydney and Brisbane are expected to lead the pack on house prices in the 2025 financial year, setting fresh records alongside Queensland’s Sunshine Coast and Gold Coast, real estate portal Domain says. By the end of the 2025 financial year, median house prices would exceed $850,000 in Perth and $1.

Domain research and economics chief Nicola Powell said population growth, construction challenges and borrowing power would be to blame for the expected price growth in Australia’s market. “We have seen an increase in single-person households and a decrease in household size in general, both amplifying housing demand, further compounded by migration,” Powell said.

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