Property is one in all Australia’s favorite funding autos, and no marvel. Previous Your Mortgage analysis discovered home costs rose by greater than 1,400% over the 44 years to October 2024.
Property values have been influenced by quite a lot of elements in latest occasions, together with rising and falling rates of interest, provide shortages, and shifting purchaser demand. Consultants recommend worth development could have peaked, with expectations of a extra gradual improve shifting ahead.
So, the place does that go away home costs throughout Australia proper now? Preserve scrolling as we dive into the most recent dwelling worth knowledge, courtesy of Cotality (previously CoreLogic).
What’s Australia’s median home worth in January 2026?
As of the top of December 2025, the median home worth in Australia stands at $980,343, in line with Cotality knowledge.
Nonetheless, home costs can fluctuate considerably relying on location, significantly between main cities and regional areas. Throughout the eight state and territory capital cities, the median home worth at present sits at $1,126,860, with Sydney main the market and Darwin having essentially the most reasonably priced costs among the many capitals.
In distinction, the mixed median home worth for regional areas throughout the nation is $749,692, reflecting extra reasonably priced choices exterior of main metropolitan hubs.
What’s Australia’s median unit worth in January 2026?
As the top of November 2025, the median worth of a unit, condominium, or townhouse throughout Australia stood at $728,184, in line with Cotality knowledge.
The composition of unit markets varies throughout the nation, with larger concentrations usually present in main cities the place inhabitants density is larger. Consequently, unit costs are typically larger in city areas in comparison with regional places.
At the moment, the median unit worth in capital cities is $744,295 whereas in regional areas, it sits at $646,570.
Items stay a lovely possibility for each buyers and first residence patrons as a result of their relative affordability in comparison with homes, with demand significantly sturdy in metropolitan markets.
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| Lender | Dwelling Mortgage | Curiosity Price | Comparability Price* | Month-to-month Compensation | Compensation kind | Price Kind | Offset | Redraw | Ongoing Charges | Upfront Charges | Max LVR | Lump Sum Compensation | Additional Repayments | Break up Mortgage Choice | Tags | Options | Hyperlink | Evaluate | Promoted Product | Disclosure |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
5.29% p.a. |
5.33% p.a. |
$2,773 |
Principal & Curiosity |
Variable |
$0 |
$530 |
90% |
|
Promoted |
Disclosure | ||||||||||
|
5.19% p.a. |
5.10% p.a. |
$2,742 |
Principal & Curiosity |
Variable |
$0 |
$0 |
80% |
|
|
Disclosure | ||||||||||
|
5.39% p.a. |
5.43% p.a. |
$2,805 |
Principal & Curiosity |
Variable |
$0 |
$530 |
90% |
|
Promoted |
Disclosure |
Essential Data and Comparability Price Warning
Median home costs in Sydney
Better Sydney’s property market stays probably the most costly in Australia, with a median home worth of $1,587,709 and a median unit worth of $901,314. Mixed, town’s median dwelling worth sits at $1,280,613.
Whereas this displays a 0.1% lower in comparison with December 2025, Sydney property values have seen a 36.2% improve over the previous 5 years.
Among the many suburbs experiencing the quickest worth development prior to now 12 months are Merrylands-Guildford (+12.5%), St Marys (+12.5%), and Richmond-Windsor (+11.6%).
Median home costs in Melbourne
In latest occasions, Better Melbourne’s property market has underperformed these of many different Australian capital cities, at present boasting a median home worth of $981,165 and a median unit worth of $640,391. Mixed, town’s median dwelling worth sits at $827,117.
Whereas this displays a 0.1% lower in comparison with Deccember 2025, Melbourne property values have elevated by 15.5% over the previous 5 years, significantly lower than different capital cities.
Among the many suburbs experiencing the quickest worth development prior to now 12 months are Frankston (+14.3%), Brimbank (+9.5%), and Kingston (+9.4%).
Median home costs in Brisbane
Better Brisbane’s property market continues to develop steadily, with a median home worth of $1,131,329 and a median unit worth of $807,161. Mixed, town’s median dwelling worth sits at $1,036,323.
This represents a 1.6% improve in comparison with December 2025, with Brisbane property values rising by 86.7% over the previous 5 years.
Among the many suburbs experiencing the quickest worth development prior to now 12 months are Springwood-Kingston (+19.5%), Sunnybank (+19.4%), and Nathan (+18%).
Median home costs in Adelaide
Better Adelaide’s property market stays sturdy, with a median home worth of $960,501 and a median unit worth of $660,644. Mixed, town’s median dwelling worth sits at $902,249.
This displays a 1.9% improve in comparison with December 2025, with Adelaide property values surging by 79.8% over the previous 5 years.
Among the many suburbs experiencing the quickest worth development prior to now 12 months are Adelaide Hills (+12.2%), Salisbury (10.6%), and Gawler – Two Wells (+10.5%).
Median home costs in Perth
Better Perth’s property market continues to develop, albeit a little bit slower than it was beforehand, with a median home worth of $983,068 and a median unit worth of $677,722. Mixed, town’s median dwelling worth sits at $940,635.
This represents a 1.9% improve in comparison with December 2025, with Perth property values rising by 89% over the previous 5 years.
Among the many suburbs experiencing the quickest worth development prior to now 12 months are Belmont – Victoria Park (+20%), Armadale (+19.5%), and Serpentine – Jarrahdale (+18.9%).
Median home costs in Hobart
Hobart’s property market has softened, with a median home worth of $768,376 and a median unit worth of $566,069. Mixed, town’s median dwelling worth sits at $720,341.
This displays a 0.9% improve in comparison with December 2025, with Hobart property values rising by 30.5% over the previous 5 years.
Among the many suburbs experiencing the quickest worth development prior to now 12 months are Hobart – North West (+10.7%), Hobart – North East (+7.8%), and Hobart – South and West (+6.1%).
Median home costs in Canberra
The ACT capital’s property market has remained comparatively steady of late, with the territory commanding a median home worth of $1,040,948 and a median unit worth of $592,370. Mixed, its median dwelling worth sits at $893,907.
This displays a 0.2% improve in comparison with December 2025, with Canberra property values rising by 27.9% over the previous 5 years.
Among the many ACT suburbs experiencing the quickest worth development prior to now 12 months are Tuggeranong (+6.9%), Molonglo (+6.1%), and Belconnen (+5.8%).
Median home costs in Darwin
Better Darwin’s property market stays comparatively reasonably priced, with a median home worth of $697,251 and a median unit worth of $433,232. Mixed, town’s median dwelling worth sits at $586,912.
This displays a 1.6% improve in comparison with December 2025, with Darwin property values rising 38.3% over the previous 5 years.
Among the many areas experiencing the quickest worth development prior to now 12 months are Palmerston (+26.3%), Darwin Suburbs (+18.1%), and Darwin Metropolis (+14.5%).
Picture by Martin David on Unsplash
First revealed in November 2025
