How much will house prices rise in 2030?

So investors may assume that should the average 5.1% per year price increase continue going forward for the next 7 years, median house prices could rise to as much as nearly $1.2 million by 2030 and units to just under $750,000.

What will Sydney's housing market look like in 2030?

Apartment buyers will also notice a sharp increase in prices, with the median unit price expected to rise to $1.26 million in 2030, the modelling suggests. As Australia’s financial capital, Sydney will continue to experience strong population growth.

What happened to Australia's house prices in March 2022?

Australia's house prices declined -0.14% over the month, the smallest monthly fall since May 2022, when rate hikes commenced. According to Corelogic research, Australia's national median dwelling value delivered a 6.8% annual growth rate over the 30 years to March 2022, with the 1992-2002 period providing the largest capital gains.

When will Australia's property market reach a new high?

Australia’s property market is expected to reach a new high by 2030, with Sydney and Melbourne’s median house prices reaching nearly $2.02m & $1.34m.