Australian home prices are projected to rise steadily by 4–5% annually over the next three years, driven by strong population growth, limited housing supply, and a resilient labor market. Despite high interest rates, the market remains robust, with cities like Brisbane, Adelaide, and Perth leading the growth at 5%, while Sydney and Melbourne are expected to see increases of around 3.5%. However, affordability challenges persist, as the median home price now stands at approximately A$831,288—nearly eight times the national average income
Source : https://www.reuters.com/world/asia-pacific/steady-house-price-growth-persist-australias-expensive-market-2025-06-03/
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