Updated
Updated · Bloomberg · Apr 30
Australian home prices post slowest growth since January 2025
Updated
Updated · Bloomberg · Apr 30

Australian home prices post slowest growth since January 2025

8 articles · Updated · Bloomberg · Apr 30
  • In April, Sydney and Melbourne each fell 0.6%, while the combined capitals index rose 0.2%, according to property consultancy Cotality.
  • Every capital city recorded weaker growth as higher borrowing costs hit demand, though Perth rose 2.1% and Brisbane and Adelaide each gained more than 1%.
  • The figures show Australia's two biggest housing markets dragging on national price momentum even as some smaller capitals continued to outperform.
Why are cities like Perth booming while Sydney falters, and what does this signal for Australia's economic future?
With prices falling but borrowing costs soaring, is the dream of homeownership in Australia becoming more or less attainable?
If interest rate hikes only curb demand, how will Australia solve its deep-rooted housing supply crisis for long-term affordability?