Back to today’s briefing

Story perspectives

Australia's Home Values Surge Amid Supply Shortages

6/5/2025

28 6

Summary

Story summary

Australian home values increased by 0.5% in May, with a 1.7% annual rise in the Home Value Index.
The median residential property value hit a record $831,288, influenced by rate cuts and limited housing supply.
Rental growth decelerated to 0.4% in May, impacted by affordability challenges and stagnant wage growth.
Regional markets excelled, with Regional South Australia seeing a 5.8% year-to-date value increase.

1 of 1

Story summary

Australian home values increased by 0.5% in May, with a 1.7% annual rise in the Home Value Index.
The median residential property value hit a record $831,288, influenced by rate cuts and limited housing supply.
Rental growth decelerated to 0.4% in May, impacted by affordability challenges and stagnant wage growth.
Regional markets excelled, with Regional South Australia seeing a 5.8% year-to-date value increase.