Australian property prices continue to demonstrate resilience with modest monthly growth across February 2025. House prices recorded a 0.2 per cent monthly increase, bringing the national mean to $909,617, while unit values rose by 0.2 per cent to reach $675,820. The market’s steady performance reflects ongoing supply constraints balancing against affordability challenges, with both market segments now well above their previous peak values.
The recent interest rate cut by the Reserve Bank of Australia marks a significant shift in monetary policy, potentially signalling a more favourable environment for property market activity in the coming months.
We hope you enjoy this month’s Ray White Now and we look forward to providing you with more property market information in 2025.
Source: Ray White
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