February marked a shift in Australia's housing market, with national home values rising 0.3%, ending a three-month downturn. Gains were widespread, with Melbourne and Hobart leading at +0.4%, while regional markets continued to outperform, rising 0.4% for the month and 1.0% over the quarter.

This renewed momentum aligns with improving buyer sentiment, supported by tighter housing supply and a slowdown in new listings, which remain 4.7% lower year-on-year. Auction clearance rates have also strengthened, reflecting growing confidence in the market.

While affordability remains a challenge, supply constraints and positive sentiment could support continued price growth in the coming months. Investors monitoring market trends should note the shifting dynamics, particularly in premium housing markets, which have historically been the first to respond to changing economic conditions.

Property Values
as at 28th of February 2025

Median Dwelling Values
as at 28th of February 2025

Quick Insights

What rising property price trends are revealing

For investors, the modest drop in interest rates serves to signal market stability and clearer future direction in the near to medium term, helping to remove any destabilising fears of rapidly escalating interest rates.

Source: Australian Financial Review

Australians make a record median profit reselling their property

CoreLogic's Head of Research Eliza Owen said: "Despite mixed market conditions, declining capital growth and lower clearance rates, Australian property continues to deliver strong profitability."

Source: Corelogic

February Edition