House prices accelerate into spring selling season

  • September 3, 2025
  • Posted by: admin
  • Categories:
No Comments
Suburb

Property prices grew markedly in August, with expectations growing that the spring selling season will see prices escalate further, according to new data.

Growth in housing prices has accelerated as momentum in the property market continues to lift prices to record highs, according to new research.

As Australia welcomes spring, traditionally the busiest time of year for property purchases, new data from property analytics company Cotality and separate research from PropTrack have shown that property prices are already rising rapidly.

Property values rose 0.7 per cent in August, Cotality research found, the strongest monthly gain since May last year.

The rise means that the annual change in prices was higher for the second month in a row, at 4.1 per cent.

Cotality’s data showed that growth remains geographically broad-based, with almost every region recording a rise in values over August. The mid-sized capitals continue to lead growth, with Brisbane (up 1.2 per cent) and Perth (up 1.1 per cent) recording the highest monthly gains.

Growth has been gradually building momentum since the cash rate easing cycle began in February, with buyer demand boosted by a lift in borrowing capacity, real wage growth, rising confidence, and a likely growing sense of urgency as housing stock remains tight.

Cotality noted that buyer demand continues to outpace supply, with advertised listings 20 per cent below average and auction clearance rates hitting 70 per cent, the highest since early 2024. For example, the preliminary clearance rate rose to 76.3 per cent last week across the combined capitals – a full percentage point higher than the previous week (which itself was the highest final clearance rate since February 2024, once finalised).

The group’s Australia research director Tim Lawless explained that vendors are in a strong position as we head into spring, with low competition and rising prices across nearly all regions.

Resource: theadviser.com.au