Australia Property Market Statistics, Current Quarter Update

April 26, 2026 · 4 min read

This post is updated quarterly using the freshest accessible current-market data rather than waiting for the slower official transfer releases.

The latest current-quarter market data shows a very uneven Australian property market. Perth led the capitals at 7.3% over the quarter, while Melbourne was the softest at -0.6%.

Below is the clean table version with all capitals covered.

State / territoryCapital cityMedian dwelling valueQuarterly changeAnnual change
VictoriaMelbourne$828,249-0.6%3.4%
NSWSydney$1,295,387-0.2%4.8%
QueenslandBrisbane$1,101,1515.1%19.0%
South AustraliaAdelaide$937,0213.6%11.4%
Western AustraliaPerth$1,017,6987.3%24.3%
TasmaniaHobart$737,7422.5%7.8%
Northern TerritoryDarwin$618,5963.4%19.7%
ACTCanberra$892,8001.4%6.1%

This is a current-market view, not the slower ABS transfer series. That makes it more useful for a just-ended-quarter update, but it is a different series and should be treated that way.

Source: Property Update city-level market pages using current Cotality / CoreLogic-style market data.

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