Invest
Property value finally posts Aus-wide increase
Australian property values have increased for the first time since October 2017, new rp data has shown.
Property value finally posts Aus-wide increase
Australian property values have increased for the first time since October 2017, new rp data has shown.
CoreLogic’s August home property value index has found that Australia-wide, dwelling property values increased by 0.8 of a percentage point over the month, which also meant it was the biggest property value rise since April 2017.
According to the analysis, the improvement shows recovery of housing property values “accelerated” over the month.
“The lift in housing property values through August was substantial; however, the recent growth is a continuation of the trend seen throughout the year whereby property value falls were consistently losing momentum, and have now started to rise,” it reported.
For CoreLogic’s research director, Tim Lawless, “the significant lift in property values over the month aligns with a consistent increase in auction clearance rates and a deeper pool of buyers at a time when the volume of stock advertised for sale remains low”.
He considered it likely “that buyer demand and confidence is responding to the positive effect of a stable federal government, as well [as] lower interest rates, tax cuts and a subtle easing in credit policy”.
Housing market property values increased across Sydney (1.6 per cent), Melbourne (1.4 per cent), Brisbane (0.2 of a percentage point), Hobart (0.5 of a percentage point) and Canberra (0.8 of a percentage point), it was reported.
Only Adelaide (-0.2 of a percentage point), Perth (-0.5 of a percentage point) and Darwin (-1.2 per cent) recorded property value losses.
CoreLogic did note that across the rest-of-state regions, only Victoria, Tasmania and the Northern Territory saw a property value increase for August.
Mr Lawless also noted that it was the third successive month of capital gain in Sydney, Melbourne and Hobart, and the second successive monthly increase in Brisbane.
“While the ‘recovery trend’ is still early, it does appear that growth trends are gathering some pace, particularly in the largest capital cities,” Mr Lawless said.
CoreLogic also recorded that the rolling quarter has seen a national 0.6 of a percentage point lift, which is “the first rise in property values over a three-month period since November 2017”.
Based on the three-month figures, combined capital city dwelling comparable property values have increased by 1.0 per cent over the past three months while combined regional market property values have continued to trend lower and are down by 0.6 of a percentage point, according to the housing property data provider.
RELATED ARTICLES
About the author
About the author
Property
First‑home buyers now anchor Australia’s mortgage growth — but the risk maths is changing
Great Southern Bank’s revelation that nearly one in three of its new mortgages went to first‑home buyers is not an outlier. It is the leading edge of a broader market realignment powered by government ...Read more
Property
Home guarantee scheme shake-up challenges Australia’s housing market players
From 1 October 2025, the expanded Home Guarantee Scheme (HGS) materially widens what first-home buyers can purchase and where. By sharply lifting price caps and relaxing eligibility settings, the ...Read more
Property
GSB’s first‑home buyer play: turning policy tailwinds into market share
Great Southern Bank’s latest results show that nearly one in three of its new mortgages now go to first‑home buyers—evidence of a fast‑moving market reshaped by government guarantees, easing rates and ...Read more
Property
Why investors are fleeing and renters are scrambling in Australia's housing maze
Australia’s rental market is tightening even as individual landlords sell down. New data points to a multi‑year investor retreat tied to higher holding costs and regulatory uncertainty, while prices ...Read more
Property
Australia's 5% deposit guarantee: Unlocking gains while balancing risks in the market share race
Can a bigger government guarantee fix housing access without fuelling prices? Australia is about to find out. The Albanese government’s expanded 5% deposit pathway aims to help 70,000 buyers, remove ...Read more
Property
Australia's bold move the 5% deposit scheme shaking up the housing market
Can a government guarantee replace lenders mortgage insurance without inflating prices or risk? Canberra’s accelerated 5% deposit scheme is a bold demand-side nudge in a supply‑constrained marketRead more
Property
When rates drop but stress sticks: exploring Australia's mortgage arrears dilemma
Headline numbers suggest arrears ease as rates come down. The reality in Australia is messier: broad measures dipped into mid‑2025, yet severe delinquencies and non‑bank portfolios remain under ...Read more
Property
Property advice goes rogue as risks and opportunities knock on every door
A warning from the Property Investors Council of Australia has put a spotlight on the surge of unlicensed financial advice around property strategies. This is no niche compliance issue—it’s a ...Read more
Property
First‑home buyers now anchor Australia’s mortgage growth — but the risk maths is changing
Great Southern Bank’s revelation that nearly one in three of its new mortgages went to first‑home buyers is not an outlier. It is the leading edge of a broader market realignment powered by government ...Read more
Property
Home guarantee scheme shake-up challenges Australia’s housing market players
From 1 October 2025, the expanded Home Guarantee Scheme (HGS) materially widens what first-home buyers can purchase and where. By sharply lifting price caps and relaxing eligibility settings, the ...Read more
Property
GSB’s first‑home buyer play: turning policy tailwinds into market share
Great Southern Bank’s latest results show that nearly one in three of its new mortgages now go to first‑home buyers—evidence of a fast‑moving market reshaped by government guarantees, easing rates and ...Read more
Property
Why investors are fleeing and renters are scrambling in Australia's housing maze
Australia’s rental market is tightening even as individual landlords sell down. New data points to a multi‑year investor retreat tied to higher holding costs and regulatory uncertainty, while prices ...Read more
Property
Australia's 5% deposit guarantee: Unlocking gains while balancing risks in the market share race
Can a bigger government guarantee fix housing access without fuelling prices? Australia is about to find out. The Albanese government’s expanded 5% deposit pathway aims to help 70,000 buyers, remove ...Read more
Property
Australia's bold move the 5% deposit scheme shaking up the housing market
Can a government guarantee replace lenders mortgage insurance without inflating prices or risk? Canberra’s accelerated 5% deposit scheme is a bold demand-side nudge in a supply‑constrained marketRead more
Property
When rates drop but stress sticks: exploring Australia's mortgage arrears dilemma
Headline numbers suggest arrears ease as rates come down. The reality in Australia is messier: broad measures dipped into mid‑2025, yet severe delinquencies and non‑bank portfolios remain under ...Read more
Property
Property advice goes rogue as risks and opportunities knock on every door
A warning from the Property Investors Council of Australia has put a spotlight on the surge of unlicensed financial advice around property strategies. This is no niche compliance issue—it’s a ...Read more
