Australia Property Market Statistics, Current Quarter Update

July 2, 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. Darwin led the capitals at 5.0% over the quarter, while Sydney was the softest at -3.2%.

Below is the clean table version with all capitals covered.

State / territoryCapital cityMedian dwelling valueQuarterly changeAnnual change
VictoriaMelbourne$808,486-2.6%-0.9%
NSWSydney$1,265,608-3.2%0.3%
QueenslandBrisbane$1,118,3061.3%17.4%
South AustraliaAdelaide$945,8681.3%11.6%
Western AustraliaPerth$1,046,5512.0%23.9%
TasmaniaHobart$752,7601.4%9.3%
Northern TerritoryDarwin$638,1875.0%19.8%
ACTCanberra$885,254-1.3%2.9%

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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