Multiple new home price records were broken during the period. House prices in Sydney (at more than $1.6 million for the first time), Brisbane, Adelaide, and...

Although price growth led to these new records, house price growth was slower during the March quarter compared to the previous quarter in Sydney (up 2.1%)...

For units, Melbourne (down 1.3%) and Adelaide (up 1.0%) experienced slower quarterly growth. Perth (8.1%), Darwin (5.8%) and Brisbane (4.5%) were highest in the period...

Domain’s chief of research and economics, Nicola Powell said the slowdown in growth is due to an increased supply of homes for sale across the combined capitals, with...

Meanwhile, Perth and Brisbane have experienced a long-term decrease in the number of properties for sale, leading significant price growth – they have seen annual house price...

Adelaide is sandwiched between them for house price growth at 15.8% as it posted nation-high quarterly growth. It was just behind Perth and Brisbane for...

“This upward trend is driven by various factors, including a chronic shortage of new homes, strong population growth, high building costs, and a tight rental market...

In addition, the challenging rental conditions will likely push some prospective first-time buyers to fast-track their journey toward homeownership, Powell said...

“We expect increased demand at the more affordable end of the market, particularly for units. This trend will likely affect affordable markets such as Perth, Brisbane, and ...