logo

50% of Australian capital cities are over $1m

house prices risingBrisbane has recently joined the ranks of Sydney, Melbourne and Canberra with a median house price of over $1m.

Both Adelaide and Perth are close behind with medians of $992,193 and $913,011. They will likely cross the $1m mark in 2025.

While it has been a rocky road for Melbourne over the last few years, it has just started to turn the corner with an increase in the median house price for the first time in 4 years. 

The Sydney market still continues to decrease in value after being artificially inflated from the virus handouts and low interest rates. 

The median house price across Australian capitals combined is now over $1m. If you are an investor waiting for prices to drop to get a bargain, its not going to happen. Prices just continue to increase. Although they might plateau for a period, they rarely drop back more that 2 – 3%. It is just a case of getting in and staying in the market.

 

Looking at Investing in a Property in Australia?
Book with one of our property finance specialists and see whether we can help you.
book free appointment
©2025 Rogers Property Group. All rights reserved.
Privacy Policy

High Yield Investment Property Opportunity

  • Rental Yields of 10%
  • High Growth in a Major Capital City
  • Prime Location
  • Heavily Discounted Below Market Prices
This could be the most valuable piece of information you download this year!