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The Guardian - AU
The Guardian - AU
National
Luca Ittimani

House prices rise in every Australian capital city together for first time in four years

AU Australia Cotality Domain Nicola Powell the Reserve Bank
For sale signs
House prices are rising across Australia’s eight state and territory capital cities, according to June quarter data from property portal Domain. Photograph: Andrew Matthews/PA

Australia’s eight state and territory capital cities posted simultaneous house price rises for the first time in four years last quarter as interest rate cuts underpinned a wave of buying.

After a brief reprieve in 2024, prices accelerated in Sydney and Melbourne while Australia’s smaller capitals retained momentum, according to June quarter data from property portal Domain.

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