November 2025

The Australian property market has closed out October with a powerful surge, achieving a key milestone that marks a decisive turn in the market.

For the ninth consecutive month, national property prices have maintained solid momentum, increasing 1.1 per cent in October to push the median house price to $940,000.

Crucially, this accelerated growth has delivered the first double-digit annual result (10.6 per cent) since the post-pandemic boom. This growth is being driven by strong buyer confidence, constrained housing supply, and a growing influence of affordability factors pushing buyers into the unit market, which saw an even stronger monthly rise of 1.4 per cent.

The message is clear: the market is resilient, and competition remains fierce for quality properties. If you’ve been considering selling, now is a pivotal moment to capitalise on a market defined by tight stock and accelerated growth.

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