House prices to climb as expanded first home buyer scheme kicks off
Australian home values rose again in September, with experts warning a surge of first-home buyers using wafer-thin deposits is set to push prices even higher in the months ahead.
National dwelling values climbed 0.8 per cent — the strongest monthly gain since October 2023 — marking the eighth consecutive rise, according to property research firm Cotality.
Over the September quarter, values rose 2.2 per cent, adding an average of $18,215 to the cost of a home
The national median home value is now $857,280.
Darwin led the monthly gains, surging 1.7 per cent in September, followed by Perth, Brisbane, Adelaide, Sydney, Canberra, Melbourne and Hobart.
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