Was the Home Value Index For March 2025 On the Rise or Decline?
- ozhousehunters
- Apr 4
- 2 min read
As per the CoreLogic Report:
CoreLogic’s April Home Value Index (HVI) has been released with all the latest must-know property market metrics, including:
Australian home values were up 0.4% in March, reversing a recent downward trend and returning to record-highs.
The positive movement in growth was reflected in values across most capitals, except for Hobart (-0.4%). However, the pace of gains has noticeably slowed in Perth (0.2%).
Largest capitals Sydney (0.3%) and Melbourne (0.5%) have turned a positive corner, with values rising over the past two months.
The change in values across the different ‘price points’ has started to converge after lower priced properties led the pace of growth over the past 18 months.
Regional housing markets (0.5%) value growth continued to outpace the combined capitals (0.4%) in March, but growth is converging as capital city gains accelerate.
Rent values are also at record-highs, with the national rental index rising 0.6% in March.
Gross rental yields (3.53%) are now at their highest level since 2019.
While easing monetary policy, cost of living relief, income growth, and improved sentiment may support housing activity – headwinds like a drawn-out rate cutting cycle, unaffordability, slower population growth, and cautious credit policies are likely to keep value growth contained.
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Published by
Nick Karayanis B.Eng. UNSW (Civil)
Licensed Contractor NSW (Building)
Disclaimer:
The content of this blog is for informational and educational purposes only and should not be considered professional financial, legal, or real estate advice. Every real estate transaction and renovation project is unique, and you should consult with qualified professionals, such as real estate agents, contractors, and legal advisors, to address your specific needs and circumstances. The information provided here is based on personal experiences and research and may not reflect current market conditions or regulations in your area. Readers assume all responsibility for decisions made based on the content of this blog.
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