Current median house prices for every Australian capital (updated Oct 2025)
- ozhousehunters
- 8 minutes ago
- 3 min read
Median house prices — capitals (snapshot, Oct 2025)
Capital city | Median house price (approx.) | Source (latest city update) |
Sydney (NSW) | $1,550,563 (house median) — combined/median dwelling: $1,241,054 | CoreLogic / market summary (Oct 2025). Which Real Estate Agent |
Melbourne (VIC) | $953,454 (house median) — combined dwelling median: $805,880 | City market update (Sept/Oct 2025). Which Real Estate Agent+1 |
Brisbane (QLD) | $1,062,109 (house median) — combined dwelling median: $969,868 | CoreLogic / Brisbane market update (Oct 2025). Which Real Estate Agent |
Adelaide (SA) | $895,726 (house median reported in some sources) — combined dwelling median: ~$855,998 | Adelaide market update (Sept 2025). Which Real Estate Agent+1 |
Perth (WA) | ~$869,000 (house median; city dwelling median ~ $855k) | Perth market updates (Sept/Oct 2025). Which Real Estate Agent+1 |
Hobart (TAS) | $729,091 (house median) — combined dwelling median: $683,390 | Hobart market notes / Cotality-derived report (Sept 2025). NAB+1 |
Darwin (NT) | ~$667,000 (house median in some recent NT reports) — combined dwelling median: $558,595 | Darwin market update (Sept 2025, Cotality-based reporting). NAB+1 |
Canberra (ACT) | ~$1,008,291 (house median reported in NAB city insights) — combined dwelling median: $885,942 | Canberra market updates (Aug–Sept 2025). NAB+1 |
“Median house price” here refers to the median sale price of houses (not units) across the city in the most recent reporting period. “Median dwelling” or “combined” figures mix houses + units.
Sydney remains the priciest market by a wide margin for houses; Brisbane has leap-frogged into the next-most expensive bracket in recent data; Darwin and Hobart remain the most affordable capitals by combined-dwelling median, though both have shown local variation. Domain/other aggregated reports note capital-city medians rose strongly in the September 2025 quarter and that this has been a nation-wide lift.
What’s driving the current picture?
Interest-rate cuts + stronger buyer confidence. The Reserve Bank’s easing cycle in 2025 has been a major catalyst — it improved borrowing capacity for many buyers and nudged prices higher across capitals.
Very low listings / constrained supply. Several cities report the number of homes for sale is well below recent averages, which amplifies competition.
Population and interstate flows. Cities like Brisbane and Perth have absorbed interstate migration and that has pushed up demand and prices. Regional patterns matter: some regions are outperforming their metro capitals.
Takeaways for buyers, sellers and investors
Buyers: lower rates are restoring purchasing power, but competition is back — expect bidding in hot pockets and tighter affordability in Sydney, Brisbane and parts of Perth. Consider suburbs with longer-term demand drivers (transport, jobs, supply constraints).
Sellers: markets with low listings are favouring sellers — good time to test the market if your suburb is in a high-demand pocket. Timing and presentation still matter.
Investors: yields and rental dynamics differ by city. For example, Perth and some parts of Adelaide and Darwin show strong rental returns; capital growth drivers are diverging across cities. Check vacancy and local economic data before buying.
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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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