Australian property prices continued their remarkable acceleration in May 2025, with house prices rising 0.7 per cent to reach $926,806, delivering annual growth of 5.2 per cent. Unit values advanced 0.6 per cent to $687,144, achieving 4.5 per cent year-on-year appreciation.
The momentum that began with January’s recovery has intensified significantly following the Reserve Bank’s interest rate cuts, creating conditions reminiscent of 2021 and far exceeding early-year predictions. Perth continues its extraordinary trajectory toward the million-dollar threshold, while Sydney’s acceleration positions it for a potential two-million-dollar median by late 2026. Adding complexity to market dynamics, the Labor government’s proposed superannuation tax on unrealised gains over $3 million may prompt some SMSF property holders to reassess their portfolios, though immediate market impacts remain limited.
The Upper Blue Mountains property market continues to demonstrate resilience, supported by the region’s lifestyle appeal, established communities and ongoing interest from buyers seeking an alternative to Sydney’s housing market. While buyers remain active, the market has become increasingly selective. Purchasers are taking more time to compare properties, assess value and consider the cost … […]
The Upper Blue Mountains property market continues to demonstrate resilience, with buyer demand remaining steady across a diverse range of purchaser groups, including local owner-occupiers, Sydney tree-changers, investors and retirees. While the number of transactions has eased compared to the same period last year, property values have continued to strengthen and homes are selling more … […]