House Prices Rise Across All Capitals – Year Ending July 2025

Sydney’s property market remains steady but subdued, with dwelling values rising 0.6% over the past month and 1.6% over the year. Despite the modest growth, Sydney retains the highest median value in the country at $1,228,435, reflecting its status as a premium market. In contrast, cities like Darwin, Brisbane, Adelaide, and Perth have seen stronger momentum. Darwin led the growth with an 8.5% annual increase and a 15.8% total return, even though it has the lowest median value at $549,371. Brisbane and Adelaide followed closely with annual gains above 7% and strong total returns above 10%. Meanwhile, Melbourne, Hobart, and Canberra have remained relatively flat, with annual growth rates between 0.5% and 1.9%.

August 2025