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Australian property booms and busts: Suburb-by-suburb analysis

Australia’s housing market has become a patchwork of fortunes, with some cities and suburbs seeing strong growth while others record downturns.

Australian house price growth expected to slow in 2025

Australia’s housing market has hit a critical crossroads ahead of a widely expected interest rate cut in the coming months.

Melbourne and Sydney are both staring down property downturns, while Perth continues to record strong rises in prices.

Brisbane and Adelaide home values grew strongly over the past year but rises in these capitals are also beginning to slow.

That’s left homeowners in different cities and locations in diverging positions, with some recording spectacular equity gains while others have seen the value of their homes pedal backwards.

New exclusive PropTrack research has laid bare the fragmented housing market reality across the country, revealing how much unit and house values rose or fell in every area.

Use our online tool below to find out how house and unit values have changed in your location.

Originally published as Australian property booms and busts: Suburb-by-suburb analysis

Original URL: https://www.themercury.com.au/property/australian-property-booms-and-busts-suburbbysuburb-analysis/news-story/baa3f38c47abf7d5842612ad28182bc6