March 2026

The Australian property market reached a significant milestone in February, with the national median house price climbing to $990,000 and units reaching $750,000. This current upswing has now officially surpassed the previous pandemic-era peaks.

The market landscape has shifted dramatically over the last decade. In 2016, the price difference between a house and a unit was negligible; today, houses command a $232,000 premium. This widening spread is increasingly funnelling buyers toward the unit market as affordability remains a primary driver.

Read the March 2026 Ray White Now report:Click the image below to read the full report.

Thinking of selling or curious about your property’s value in the current climate? Contact the Ray White Carlingford team today for an up-to-date market appraisal.