Australian House Prices 2026 — Median Prices by City and Forecast
Australian house prices remain elevated in 2026, but the answer depends on the data source. ABS reported a national mean dwelling price of $1,074,700 in Dec Q 2025; Cotality reported a national median dwelling value of $933,137 in March 2026; PropTrack reported a $908,000 national median home value.
Last updated: 26 April 2026
PropertyWiki uses official market data and independent analysis. This page is educational only and does not provide personal financial, tax or investment advice.
This page is the data hub for Australian house prices. It should focus on figures, tables and graph-ready data rather than broad market commentary. Link from every city property-market page into this page when mentioning city medians.
Quick data table — national and city prices
Australian house-price searches need numbers first, then explanation. Place the city table high on the page before the forecast section.
| Market | March 2026 median dwelling value | Monthly change | Quarterly change | Annual change |
|---|---|---|---|---|
| Sydney | $1,295,387 | -0.1% | -0.2% | 4.8% |
| Melbourne | $828,249 | -0.2% | -0.6% | 3.4% |
| Brisbane | $1,101,151 | 1.8% | 5.1% | 19.0% |
| Adelaide | $937,021 | 1.2% | 3.6% | 11.4% |
| Perth | $1,017,698 | 2.5% | 7.3% | 24.3% |
| Hobart | $737,742 | 0.8% | 2.5% | 7.8% |
| Darwin | $618,596 | 1.6% | 3.4% | 19.7% |
| Canberra | $892,800 | 0.4% | 1.4% | 6.1% |
| Combined capitals | $1,025,365 | 0.6% | 1.8% | 9.3% |
| Combined regional | $758,788 | 1.1% | 3.3% | 11.7% |
| National | $933,137 | 0.7% | 2.1% | 9.9% |
Official ABS mean dwelling prices
ABS data is slower but official. Use it to explain the difference between mean dwelling prices and monthly market-index medians.
| State / territory | ABS mean dwelling price, Dec Q 2025 |
|---|---|
| NSW | $1,301,100 |
| VIC | $933,100 |
| QLD | $1,066,000 |
| SA | $938,100 |
| WA | $1,014,200 |
| TAS | $703,800 |
| NT | $580,000 |
| ACT | $973,800 |
| Australia | $1,074,700 |
How to read Australian house-price data
- Median dwelling value: includes houses and units; useful for broad market comparison.
- Median house price: houses only; usually higher in capital cities.
- Median unit price: apartments/units; often more relevant to affordability and investor demand.
- Mean dwelling price: ABS official average across the dwelling stock; affected by high-value markets.
- Index change: monthly/quarterly price movement; useful for momentum.
House prices by city — what matters
The best ranking version of this page should let users move from national data into a city-level decision. The city rows should link to the relevant PropertyWiki city market pages.
Graph opportunity
Build a 20-year house-price graph using ABS total dwelling stock and monthly index data where available. The keyword export shows low-difficulty graph queries, especially around 'Australian house prices graph 20 years'.
Frequently asked questions
What is the average house price in Australia in 2026?
There is no single official average house price for all homes and property types. ABS reported a mean dwelling price of $1,074,700 in the December quarter 2025. Cotality reported a national median dwelling value of $933,137 in March 2026, while PropTrack reported a national median home value of $908,000.
Why do Australian house price sources disagree?
They measure different things. ABS publishes quarterly mean dwelling prices and stock value; Cotality and PropTrack publish monthly price-index measures. Some sources report dwelling medians, while others separate houses and units. Always compare like with like.
Which city has the highest dwelling value in March 2026?
In Cotality’s March 2026 data, Sydney had the highest median dwelling value at $1,295,387, followed by Brisbane at $1,101,151 and Perth at $1,017,698.
Are Australian house prices falling?
Nationally, values were still rising in March 2026, but Sydney and Melbourne were softening. Cotality showed Sydney down 0.1% and Melbourne down 0.2% for the month, while Perth and Brisbane continued to rise.
Should this page include a house prices graph?
Yes. Add a chart using ABS quarterly dwelling stock and Cotality/PropTrack monthly value data where available. The query set includes 'Australian house prices graph 20 years', which has low difficulty and strong AI/snippet potential.
Sources and official references
- Cotality Home Value Index — April 2026, results as at 31 March 2026 — city dwelling value changes, national HVI, median dwelling values
- PropTrack Home Price Index — March 2026 — national median home value, capital-city and regional growth context
- RBA Cash Rate Target — cash rate target and rate-change history
- ABS Total Value of Dwellings — December Quarter 2025 — total dwelling stock value, dwelling count and mean dwelling prices
- RBA Board Meeting Schedules — RBA meeting cadence and update timing
Published by PropertyWiki Team · Last updated 26 April 2026
PropertyWiki uses official market data and independent analysis. This page is educational only and does not provide personal financial, tax or investment advice.