Welcome! Can you believe it’s already November? I had to double-check the calendar — this year has absolutely flown by! It feels like we only just kicked off 2025, and now we’re already heading into the final stretch.
Going to real estate market, Australia and New Zealand is evolving, with unique trends emerging in key regions.
🏡 Australia & New Zealand Market Update
Housing values across Australia are rising at their fastest pace in over two years, with national dwelling values up 1.1% in October — the strongest monthly gain since June 2023. This pushes the annual growth rate to 6.1%, fuelled by tight supply, strong demand, and the expanding 5% deposit guarantee scheme, which has intensified competition for affordable homes.
Perth continues to lead the charge, recording a 1.9% monthly increase, followed by Brisbane (1.8%), Adelaide (1.4%), and Sydney (0.7%). Meanwhile, Melbourne (0.9%) shows signs of recovery and could represent strong value for investors.
Rental markets remain under pressure, with vacancy rates at record lows (1.4%) and rents rising 0.5% per month, especially for units. However, as home values rise faster than rents, gross yields have dipped to 3.4% in capital cities — the lowest since October 2022.
In Perth, listings remain scarce, down 2.1% week-on-week, while leasing activity surged nearly 25% over the past month — reflecting fierce competition among tenants.
Across the Tasman, New Zealand is showing tentative signs of recovery, with national property values up 0.2% in October for the second consecutive month after a two-year downturn. Markets like Tauranga and Wellington have stabilised slightly, while Auckland remains flat.
Overall, it’s a picture of strong momentum and limited supply across Australasia — with Perth and Brisbane leading the pack and New Zealand slowly finding its footing again.
Here’s to your success
