Sales volumes recorded only a marginal lift in October, well short of the usual spring increase. There were 27,538 house sales and 11,728 unit sales nationally, both up 0.8 per cent from September’s 27,307 and 11,630.
September sales volumes eased again, with 27,867 house sales and 11,880 unit sales recorded nationally, down 1.1 per cent and 0.7 per cent from August.
August's sales volumes came in at 28,841 house sales and 12,227 unit sales nationally, both a step down from July's 29,172 and 12,667. This continues with the gradual pull-back evident in the trailing twelve month averages.
Sales activity has softened further in July, continuing a trend that has been building for several months now. The 12 month rolling average sits at 31,955 house sales and 12,994 unit sales.
The national median house price reached $1.03 million at the end of April, with units at $753,000, both continuing the broad upward trajectory that has defined the past decade
Australia's median house price reached $990,000 in February, with units sitting at $750,000. Both house and unit prices have more than doubled since 2016.
Australia's median house price reached $973,000 in January 2026, maintaining strong momentum with a 0.8 per cent monthly increase and 12.5 per cent annual growth.
Australian property prices maintained solid momentum in October, with the national median house price increasing 1.1 per cent and the annual price growth reaching 10.6 per cent, the first double-digit result since the pandemic boom.
