The development can be evident at a extra native stage. Analysis of ABS SA3 regions – areas sometimes comprising 30,000 to 130,000 residents – reveals that the hole in growth rates amongst completely different suburbs inside capital cities has diminished.
“Most of the nation is seeing constant, however unspectacular growth – significantly relative to the tempo we’ve seen in some areas lately,” mentioned Angus Moore, senior economist at PropTrack. “Whether this convergence continues stays to be seen.”.
In earlier years, regions that had seen speedy value will increase continued to outperform city-wide averages. However, in 2025, there’s little correlation between a area’s latest efficiency and its growth over the previous few years. Most areas at the moment are experiencing regular, however average, value will increase, a marked change from the sharp rises seen in some markets lately.
Looking forward, property costs are anticipated to maintain rising, supported by anticipated rate of interest cuts and diminished mortgage prices. However, growth is more likely to stay modest because of ongoing affordability challenges.
