Australia’s property market has reached a significant milestone in September, with the national median house price hitting $970,000, reflecting a 0.6 per cent monthly increase and 8.9 per cent annual growth. Units have similarly reached $710,000, posting a 0.5 per cent monthly gain and 6.9 per cent year-on-year appreciation. This sustained momentum comes despite the Reserve Bank’s decision to hold the cash rate at 3.60 per cent in September, demonstrating the market’s resilience in the face of these interest rates.
The Ray White Now monthly report for October 2025 is out now. Deep dive into our data, with a focus on:
Open home attendance data reveals how quickly buyers respond to policy changes. The week following the RBA’s rate decision saw attendance decline nationally, though the depth of softening varies significantly by market. Understanding how buyers respond to interest rate changes requires more than watching price movements alone. While price data … Read more
The Reserve Bank has raised the cash rate by 0.25 percentage points today, responding to inflation that remains above target and an economy that continues to run too strongly for the Bank to be confident price pressures will keep easing on their own. Inflation surged late last year and, while … Read more