Australian Property Market Bulletin — April 2026 (monthly snapshot supporting the evergreen Australian property market guide)
Official March 2026 data for Australia's property market: national house and unit values, auction activity, RBA cash rate, and Perth/Brisbane comparison points. This monthly bulletin sits underneath the evergreen Australian property market cluster.
Australia’s property market continued to rise in March 2026, but growth was uneven by city. Perth, Brisbane and Adelaide remained strong, while Sydney and Melbourne softened. RBA rate expectations remain the main constraint on borrowing capacity and buyer demand.
Continue reading the evergreen cluster this April bulletin supports: the Australian property market guide, capital-city medians on Australian house prices, the Perth property market and Brisbane property market city pages, and the rate-cycle context in RBA interest rates and property.
Headline Stat
Cotality's national home value index rose 0.7% in March 2026, taking national dwelling values 2.1% higher over Q1 2026. The national median house value was $1,019,392 and the national median unit value was $750,715. The RBA cash rate target is 4.10%, effective 18 March 2026.
Data Table
| Metric | March 2026 | MoM Change | YoY Change | Source |
|---|---|---|---|---|
| National median house price | $1,019,392 | +0.7% | +10.6% | Cotality |
| National median unit price | $750,715 | +0.8% | +7.3% | Cotality |
| Clearance rate (capital cities) | 60.9% preliminary | - | - | Cotality |
| RBA cash rate | 4.10% | +0.25 pp | 0.00 pp | RBA |
| Monthly transactions | - | - | - | ABS/Cotality |
| 30-day fixed mortgage rate (avg) | - | - | - | RBA/Canstar |
3 Key Market Signals
1) National values continued to rise in March, but at a slower quarterly pace than late 2025
Cotality recorded a 0.7% monthly rise in national dwelling values and a 2.1% lift over the March quarter. That was below the 2.8% quarterly increase recorded in Q4 2025. In the national medians, houses were at $1,019,392 and units were at $750,715. PropTrack also recorded a monthly rise in March, with national home prices up 0.3% to a median of $908,000.
2) The capital-city split remained wide in March
March data showed Sydney (-0.1%) and Melbourne (-0.2%) edging lower on the dwelling index, while Brisbane (+1.8%), Adelaide (+1.2%), Perth (+2.5%) and Darwin (+1.6%) continued to record monthly growth. Annual changes also remained far apart: Perth was up 24.3% over the year and Brisbane 19.0%, versus 4.8% in Sydney and 3.4% in Melbourne.
3) Auction activity and sales tracking did not move in the same direction as prices
Cotality said its estimate of quarterly home sales was tracking 1.9% lower than a year earlier and 5.6% below the five-year average. At the same time, the week ending 29 March 2026 recorded 4,062 capital-city auctions, up 46% on the previous week, while the preliminary clearance rate eased to 60.9%.
Context for April 2026
The RBA does not have a Monetary Policy Board meeting scheduled in April 2026. The most recent decision was the 17 March 2026 increase of 25 basis points, which lifted the cash rate target to 4.10%, effective 18 March 2026. The next scheduled policy update is 2.30 pm on 5 May 2026. April rate context is therefore about the March decision carrying through into mortgage pricing and borrower assessments rather than a new cash-rate move.
Perth / Brisbane Watch
Perth and Brisbane remained above Sydney and Melbourne in the latest monthly value data. In Cotality's March dwelling index, Perth rose 2.5% in the month and Brisbane rose 1.8%; annual growth was 24.3% in Perth and 19.0% in Brisbane.
| City | Median House | MoM | YoY | Median Unit | Source |
|---|---|---|---|---|---|
| Perth | $880,000 | +1.1% | +13.5% | $630,000 | REIWA |
| Brisbane | $1,405,000 | - | - | $825,000 | REIQ (Dec Q 2025) |
Data Availability Notes
- Monthly transactions remain a placeholder because the ABS transfer series is published quarterly. The March quarter 2026 release is scheduled for 9 June 2026.
- 30-day fixed mortgage rate (avg) has been left as a placeholder because an exact matching official monthly series was not available across the required source set at generation time.
Where this April bulletin fits in the wider PropertyWiki Australia market cluster
This bulletin is the monthly snapshot. The evergreen analysis lives in the Australian property market guide, which tracks dwelling values, RBA settings, supply, auction clearance and forecasts in one place. Use the bulletin to see what changed in March, then move to the hub for the structural picture.
Borrowers and policy watchers should also read the RBA interest rates and property guide for how the cash rate flows through into mortgage pricing and house prices.
City pages: Perth, Brisbane, Melbourne and Sydney
The April bulletin shows wide divergence by capital city. For the full evergreen breakdown of growth, supply and rental dynamics in each market, jump to the dedicated city pages:
House prices vs property market: which page to use
The two questions are related but answer different intents. If you want clean median values and price benchmarks, the Australian house prices page is the data-first view: median dwelling values, capital-city splits and ABS state mean dwelling prices.
If you want the broader story — what is driving prices, the auction market, the rate cycle and the forecast — start at the Australian property market guide. This bulletin is the monthly companion to both.
Sources
- Cotality Home Value Index - March 2026
- Cotality weekly auction report - 29 March 2026
- PropTrack Home Price Index - March 2026
- RBA cash rate target overview
- RBA Monetary Policy Decision - 17 March 2026
- RBA Board Meeting Schedules
- ABS Total Value of Dwellings - Dec 2025
- REIWA Perth market update - March 2026
- REIQ December 2025 Quarter median sales data
- Cotality (formerly CoreLogic) rebrand note
Published: April 6, 2026 | By PropertyWiki Team
PropertyWiki.ai publishes monthly AU property market data using Cotality/CoreLogic, PropTrack, RBA and ABS data. This bulletin is for informational purposes only and does not constitute investment advice.