{"id":136911,"date":"2025-05-15T17:30:00","date_gmt":"2025-05-15T07:30:00","guid":{"rendered":"https:\/\/propertyupdate.com.au\/?p=136911"},"modified":"2025-05-15T14:58:21","modified_gmt":"2025-05-15T04:58:21","slug":"national-housing-market-update-australia","status":"publish","type":"post","link":"https:\/\/propertyupdate.com.au\/national-housing-market-update-australia\/","title":{"rendered":"Australian housing market update | May 2025"},"content":{"rendered":"<p data-pm-slice=\"1 1 []\">The Australian housing market demonstrated moderate growth through April 2025.<\/p>\n<p data-pm-slice=\"1 1 []\">While February's rate cut initially boosted market sentiment, recent uncertainties\u2014including the federal election and Trump's tariff announcements\u2014have tempered confidence and slowed momentum.<\/p>\n<div class=\"lyte-wrapper\" title=\"National Housing Market Update | May 2025\" style=\"width:640px;max-width:100%;margin:5px auto;\"><div class=\"lyMe\" id=\"WYL_n68hRnF909Q\" itemprop=\"video\" itemscope itemtype=\"https:\/\/schema.org\/VideoObject\"><div><meta itemprop=\"thumbnailUrl\" content=\"https:\/\/i.ytimg.com\/vi\/n68hRnF909Q\/hqdefault.jpg\" \/><meta itemprop=\"embedURL\" content=\"https:\/\/www.youtube.com\/embed\/n68hRnF909Q\" \/><meta itemprop=\"duration\" content=\"PT12M7S\" \/><meta itemprop=\"uploadDate\" content=\"2025-05-09T04:50:31Z\" \/><\/div><div id=\"lyte_n68hRnF909Q\" data-src=\"https:\/\/i.ytimg.com\/vi\/n68hRnF909Q\/hqdefault.jpg\" class=\"pL\"><div class=\"tC\"><div class=\"tT\" itemprop=\"name\">National Housing Market Update | May 2025<\/div><\/div><div class=\"play\"><\/div><div class=\"ctrl\"><div class=\"Lctrl\"><\/div><div class=\"Rctrl\"><\/div><\/div><\/div><noscript><a href=\"https:\/\/youtu.be\/n68hRnF909Q\" rel=\"nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i.ytimg.com\/vi\/n68hRnF909Q\/0.jpg\" alt=\"National Housing Market Update | May 2025\" width=\"640\" height=\"340\" \/><br \/>Watch this video on YouTube<\/a><\/noscript><meta itemprop=\"description\" content=\"Watch the latest Housing Market Update across Australia. The housing and economic data is derived from the Cotality Hedonic Home Value Index for the month of April, released in May 2025. 00:00 National Housing Market Update 02:52 Sydney 03:39 Melbourne 04:25 Brisbane 05:10 Adelaide 05:54 Perth 06:29 Hobart 07:10 Darwin 07:45 Canberra 08:20 National Market Analysis Connect with us: Facebook: https:\/\/www.facebook.com\/cotalityau\/ Linkedin: https:\/\/au.linkedin.com\/company\/cotalityaustralia X: https:\/\/x.com\/cotality_au #corelogicau #cotalityau #propertymarket #housingmarket\"><\/div><\/div><div class=\"lL img-responsive\" style=\"max-width:100%;width:640px;margin:5px auto;\"><\/div><\/p>\n<p data-pm-slice=\"1 1 []\">Housing values rose 0.3% in April, slightly lower than March\u2019s 0.4%, suggesting some loss in the momentum initially gained from the February rate cut.<\/p>\n<p data-pm-slice=\"1 1 []\">Annual growth has slowed significantly to 3.2%, highlighting the market\u2019s gradual transition to a steadier pace.<\/p>\n<p data-pm-slice=\"1 1 []\">The rental market remains robust, with rents rising steadily, though annual rental growth has moderated considerably.<\/p>\n<h2><span class=\"toc_link\" id=\"australian-property-markets-in-april-2025\">Australian Property Markets in April 2025<\/span><\/h2>\n<p data-pm-slice=\"1 1 []\">The performance across Australian capital cities remains mixed.<\/p>\n<p data-pm-slice=\"1 1 []\">Brisbane, Adelaide, and Perth continue to hit record highs, indicating resilience in mid-sized markets, while Sydney, Melbourne, and Hobart remain below their peak values, suggesting these markets are still in recovery.<\/p>\n<p><strong>Change in house prices across the capital cities:<\/strong><\/p>\n<table class=\"forecast\">\n<thead>\n<tr>\n<th>Capital City<\/th>\n<th>April Change<\/th>\n<th>vs. Peak Values<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Sydney<\/td>\n<td>+0.2%<\/td>\n<td>-1.1%<\/td>\n<\/tr>\n<tr>\n<td>Melbourne<\/td>\n<td>+0.2%<\/td>\n<td>-5.4%<\/td>\n<\/tr>\n<tr>\n<td>Brisbane<\/td>\n<td>+0.4%<\/td>\n<td>Record High<\/td>\n<\/tr>\n<tr>\n<td>Adelaide<\/td>\n<td>+0.3%<\/td>\n<td>Record High<\/td>\n<\/tr>\n<tr>\n<td>Perth<\/td>\n<td>+0.4%<\/td>\n<td>Record High<\/td>\n<\/tr>\n<tr>\n<td>Hobart<\/td>\n<td>+0.9%<\/td>\n<td>-11.1%<\/td>\n<\/tr>\n<tr>\n<td>Darwin<\/td>\n<td>+1.1%<\/td>\n<td>-2.7%<\/td>\n<\/tr>\n<tr>\n<td>Canberra<\/td>\n<td>+0.4%<\/td>\n<td>-6.4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: center;\"><strong>Source:<\/strong> Cotality Australia<\/p>\n<div class=\"notes\"><div class=\"notes-inner\"><span class=\"icon\"><picture><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/propertyupdate.com.au\/wp-content\/themes\/oldpaper\/img\/note.svg\" alt=\"pencil icon\"><\/picture><\/span><p><span class=\"tips-notes\">Note: <\/span>Brisbane, Adelaide, and Perth are showing notable stability, whereas larger markets like Sydney and Melbourne are experiencing slower recoveries.<\/p><\/div><\/div>\n<p data-pm-slice=\"1 3 []\"><div class=\"adplugg-tag\" data-adplugg-zone=\"the_sentiment_campaign_body_\"><\/div>Housing affordability continues to be a critical challenge, with the dwelling value-to-income ratio and home loan serviceability at record highs. Renters also face increasing pressures, dedicating a substantial portion of their income to housing costs.<\/p>\n<ul data-spread=\"false\">\n<li><strong>Dwelling Value-to-Income Ratio<\/strong>: At historic highs<\/li>\n<li><strong>Home Loan Serviceability<\/strong>: Record high, requiring around 10.6 years on average to save for a 20% deposit<\/li>\n<li><strong>Median Rent Affordability<\/strong>: Rental households now dedicate approximately 33% of their pre-tax income to rent<\/li>\n<\/ul>\n<div class=\"notes\"><div class=\"notes-inner\"><span class=\"icon\"><picture><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/propertyupdate.com.au\/wp-content\/themes\/oldpaper\/img\/note.svg\" alt=\"pencil icon\"><\/picture><\/span><p><span class=\"tips-notes\">Note: <\/span>Affordability issues persistently limit the market's growth potential and pose significant hurdles for first-time buyers.<\/p><\/div><\/div>\n<p data-pm-slice=\"1 1 []\">The rental market remains healthy overall, but growth has slowed significantly. Notably, Darwin and Hobart have experienced the strongest rental growth in the past year.<\/p>\n<ul data-spread=\"false\" data-pm-slice=\"3 3 []\">\n<li><strong>Highest Annual Rental Growth<\/strong>: Darwin units (+7.3%), Hobart units (+7%) and houses (+5%)<\/li>\n<li><strong>Slowing Rental Growth<\/strong>: National annual rental growth rate now at 3.6%, significantly down from 8.3% one year ago<\/li>\n<\/ul>\n<h2 data-pm-slice=\"1 1 []\"><span class=\"toc_link\" id=\"looking-ahead-property-market-outlook\">Looking Ahead: Property Market Outlook<\/span><\/h2>\n<p data-pm-slice=\"1 1 []\">Looking ahead, the Australian housing market is likely to continue experiencing moderate, sustainable growth.<\/p>\n<p data-pm-slice=\"1 1 []\">Government initiatives targeting first-time buyers will influence market dynamics, while ongoing undersupply issues will maintain upward price pressures.<\/p>\n<ul data-spread=\"false\">\n<li>Moderate housing value growth is expected to continue through 2025.<\/li>\n<li>Affordability constraints and cautious lending will limit growth potential.<\/li>\n<li>First home buyers to benefit from new stimulus measures.<\/li>\n<li>Persistent undersupply expected to sustain upward price pressures.<\/li>\n<\/ul>\n<p data-pm-slice=\"1 1 []\">Overall, the Australian property market remains resilient amid evolving economic and political conditions.<\/p>\n<p data-pm-slice=\"1 1 []\">Buyers and investors should closely monitor developments, particularly around interest rates and housing policy announcements.<\/p>\n<div class=\"adplugg-tag\" data-adplugg-zone=\"the_sentiment_campaign_mobile_\"><\/div>\r\n<div class=\"adplugg-tag\" data-adplugg-zone=\"the_sentiment_campaign_desktop_\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Australian housing market demonstrated moderate growth through April 2025. While February&#8217;s rate cut initially boosted market sentiment, recent uncertainties\u2014including the federal election and Trump&#8217;s tariff announcements\u2014have tempered confidence and slowed momentum. Housing values rose 0.3% in April, slightly lower than March\u2019s 0.4%, suggesting some loss in the momentum initially gained from the February rate&#8230;<\/p>\n","protected":false},"author":32,"featured_media":96243,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[54,3,1118],"tags":[],"class_list":["post-136911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-property-updates","category-property-investment","category-news-and-features"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Is the Australian Housing Market Slowing? 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