October 2025

Welcome to the October edition of Ray White Now. This month, we unpack the latest data confirming that the Australian property market has not only held its ground but has reached a significant new milestone, demonstrating remarkable resilience despite the sustained interest rate environment.

September saw the national median house price climb to an impressive $970,000, reflecting a solid 0.6 per cent monthly increase and a robust 8.9 per cent annual growth. The unit market mirrored this strength, posting a median price of $710,000.

While the Reserve Bank’s decision to hold the cash rate at 3.60 per cent reflects mixed economic signals, the enduring upward trajectory across both sectors underscores a persistent supply-demand imbalance. This foundational strength, coupled with the Federal Government’s expanded support for first home buyers—allowing access with just a five per cent deposit—is injecting fresh optimism.

As we move deeper into the spring selling season, buyer and vendor confidence is clearly on the rise. Inside this report, we delve into what these milestones mean for you, the key drivers behind the continued momentum, and what to expect as anticipation for potential future rate adjustments shapes the market landscape.

Read the October 2025 Ray White Now report: Click the image below to read the October report