Australia’s median home value has increased by about $230,000 in past five years, data shows

House prices have jumped 39.1% in the five years to March largely due to demand-supply imbalances, CoreLogic says

Australia’s national home values have surged 39.1% over the past five years, meaning the median dwelling value has increased by about $230,000, according to new CoreLogic data.

House prices jumped 39.1% in the five years to March 2025, according to CoreLogic’s April Housing Chart Pack. Meanwhile, the price of an average home has grown from 4.6 times the median income in 2001, to 6.5 in 2020, before hitting a record high of 8.0 at the end of last year.

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