March 2026 Australian house prices

Posted March 20 2026 By Alasdair Spinner
 

A few months ago I received positive feedback about the Aussie property info I had included in my newsletter and job alerts (register on my website for these regular updates here).

 

Therefore, here are the latest median values at March 2026. Anecdotally, I heard from specialists who had moved to Perth that house prices were going up so it was interesting to see that these stats confirmed this. Sydney and Mebourne prices seem to be flatlining.

 

Please see list of state and territory capital city prices below (in no order).


Perth, WA

House - $1,032,032. Month on month (MoM) increase from February of 2.3%.
Apartment - $725,951. MoM increase of 2.9%.


Canberra, ACT

House - $1,051,977. MoM increase 0.9%.
Apartment - $598,440 MoM increase of 0.6%.


Hobart, TAS
House - $779,059. MoM increase 1.7%.
Apartment - $574,204 MoM decrease of -0.9%.

 

Darwin, NT


House - $709,975. MoM increase 0.1%.
Apartment - $442,985 MoM increase of 0.2%.

 

Adelaide, SA
House - $980,815. MoM increase 1.3%.
Apartment - $675,818. MoM increase of 1.3%

 

Sydney, NSW
House - $1,607,046. MoM DECREASE of -0.2%.
Apartment - $903,080 MoM increase of 0.5%.


Brisbane, NSW

House - $1,175,981 MoM increase 1.5%.
Apartment - $844,844 MoM increase of 2.1%.


Melbourne, VIC

House - $977,579. MoM DECREASE -0.2%.
Apartment - $642,431 MoM increase of 0.5%.


Interest rate - 4.10%

On the 17th March the Reserve Bank of Australia (RBA) decided to increase the cash rate (interest rate) target to 4.10%. This is because inflation increased and the RBA likes to keep inflation between 2-3%.

Inflation rate - 3.8%

 

Sources: RBA, ABS and Cotality 1st March 2026.

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