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House price growth in Australia

Are homes there getting further out of reach right now?

Australia's house price growth is 5.71 % #39 of 54 countries on the atlas (lower is better). Period 2026-Q1.

5.71%

Checked 22 Sept 2026Period 2026-Q1

Source: BIS residential property prices

Real house prices in Australia rose 5.7 % over the past year — beyond general inflation.

House price growth in Australia over time

19.49 %3.60 %-12.29 %19.49 % · Q4 2021-12.29 % · Q1 2023Q2 2006: 2.55 %Q3 2006: 4.60 %Q4 2006: 5.06 %Q1 2007: 5.72 %Q2 2007: 6.98 %Q3 2007: 9.08 %Q4 2007: 10.10 %Q1 2008: 8.17 %Q2 2008: 2.46 %Q3 2008: -3.76 %Q4 2008: -7.41 %Q1 2009: -6.89 %Q2 2009: -1.18 %Q3 2009: 5.57 %Q4 2009: 11.98 %Q1 2010: 14.78 %Q2 2010: 12.13 %Q3 2010: 6.51 %Q4 2010: 1.63 %Q1 2011: -2.77 %Q2 2011: -5.56 %Q3 2011: -5.94 %Q4 2011: -6.84 %Q1 2012: -4.19 %Q2 2012: -2.75 %Q3 2012: -1.96 %Q4 2012: 0.80 %Q1 2013: 0.58 %Q2 2013: 2.82 %Q3 2013: 5.80 %Q4 2013: 7.02 %Q1 2014: 7.61 %Q2 2014: 6.90 %Q3 2014: 6.32 %Q4 2014: 4.95 %Q1 2015: 5.52 %Q2 2015: 8.16 %Q3 2015: 9.06 %Q4 2015: 6.85 %Q1 2016: 5.42 %Q2 2016: 3.01 %Q3 2016: 2.20 %Q4 2016: 6.09 %Q1 2017: 7.91 %Q2 2017: 8.06 %Q3 2017: 6.35 %Q4 2017: 3.01 %Q1 2018: 0.12 %Q2 2018: -2.64 %Q3 2018: -3.73 %Q4 2018: -6.81 %Q1 2019: -8.58 %Q2 2019: -8.87 %Q3 2019: -5.28 %Q4 2019: 0.65 %Q1 2020: 5.06 %Q2 2020: 6.60 %Q3 2020: 3.77 %Q4 2020: 2.74 %Q1 2021: 6.29 %Q2 2021: 12.44 %Q3 2021: 18.13 %Q4 2021: 19.49 %Q1 2022: 14.74 %Q2 2022: 6.80 %Q3 2022: -2.86 %Q4 2022: -10.11 %Q1 2023: -12.29 %Q2 2023: -9.27 %Q3 2023: -2.84 %Q4 2023: 3.07 %Q1 2024: 5.73 %Q2 2024: 4.85 %Q3 2024: 4.50 %Q4 2024: 3.27 %Q1 2025: 2.02 %Q2 2025: 1.93 %Q3 2025: 1.78 %Q4 2025: 4.22 %Q1 2026: 5.71 %Q2 2006Q1 2016Q1 20265.71 %
80 official observations, Q2 2006Q1 2026. Every point is a published value — never interpolated.
Rank
#39 of 54
lower is better
Ranked behind
28 %
15 of 54 countries
Latest move
▲ 1.49 pp
since Q4 2025
Year on year
▲ 3.69 pp
over 12 months
Below its peak
13.78 pp
peak 19.49 % in Q4 2021
Full series
▲ 3.16 pp
since Q2 2006

vs median 2.49 %: +3.22 pp (worse)

Among 54 countries

2 of 54 countries between -6.81 % and -6.11 %1 of 54 countries between -4.01 % and -3.31 %4 of 54 countries between -3.31 % and -2.62 %3 of 54 countries between -2.62 % and -1.92 %2 of 54 countries between -1.92 % and -1.22 %2 of 54 countries between -1.22 % and -0.52 %3 of 54 countries between -0.52 % and 0.18 %5 of 54 countries between 0.18 % and 0.88 %3 of 54 countries between 1.58 % and 2.28 %5 of 54 countries between 2.28 % and 2.97 %2 of 54 countries between 2.97 % and 3.67 %3 of 54 countries between 3.67 % and 4.37 %2 of 54 countries between 4.37 % and 5.07 %2 of 54 countries between 5.07 % and 5.77 %1 of 54 countries between 5.77 % and 6.47 %3 of 54 countries between 6.47 % and 7.17 %4 of 54 countries between 7.17 % and 7.86 %2 of 54 countries between 7.86 % and 8.56 %5 of 54 countries between 9.26 % and 9.96 %median 2.40 %Australia: ahead of 28 % of the 54 countries with a published house price growthAustralia 5.71 %-6.81 %9.96 %
Half of all 54 countries sit between -0.52 % and 6.20 %. Australia is ahead of 28 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryHouse price growthvs Australia
37 Switzerland4.55 %−1.16 pp
38 Peru5.21 %−0.50 pp
39 Australia5.71 %
40 Hong Kong6.20 %+0.49 pp
41 Cyprus6.93 %+1.23 pp

Real year-on-year change in residential property prices (BIS). Framed for buyers — slower growth is greener; homeowners may read it the other way.

How to read this figure

Real year-on-year change in residential property prices from the BIS — inflation-adjusted, so it shows whether homes beat or trailed prices in general. Base-independent, which is what makes ~60 countries honestly comparable in one ranking. The colour scale takes the buyer’s side (slower growth = greener); an existing owner may read it the opposite way.

House price growth, all countries ranked →Compare Australia with another country →Everything about Australia
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