FX.co ★ Australia Home Values Rise for Third Consecutive Month

In April 2025, Australia's CoreLogic Home Value Index experienced a 0.3% month-on-month increase, continuing its upward trend for the third consecutive month. This growth contributed approximately $2,720 to the median value of home prices over the period. Price increases were observed across all major cities, with Darwin leading with a 1.1% rise, whereas Sydney and Melbourne observed more moderate increases of 0.2%. Despite this continued growth, the national pace experienced a slight deceleration from March's 0.4% rise, as sentiment and auction clearance rates declined throughout the month. According to Tim Lawless, Research Director, "The rate cut in February stimulated a positive shift in housing market conditions, although the influence of reduced rates appears to be diminishing. Concurrently, household confidence dipped in April, amid uncertainties arising from the US's 'Liberation Day' tariff actions and the pending federal election, potentially causing some buyers and sellers to delay decision-making."