Australian Property Prices Predicted to Rise in 2025 Amid Housing Shortages

Forecasts suggest significant growth in mid-sized cities like Brisbane, Adelaide, and Perth, driven by population increases and limited housing supply.

• National house prices are expected to grow by 4% to 6% in 2025, with stronger growth projected in mid-sized cities.
• Brisbane's property market is forecast to see house price increases of 5% to 7% and unit price gains of 7% to 9%.
• Perth is anticipated to lead the nation, with house and unit prices predicted to rise by 8% to 10%, followed by Adelaide at 7% to 9%.
• Experts attribute the growth to a population boom in mid-sized cities and a chronic undersupply of housing, which has outpaced construction.
• The pace of growth is expected to pick up in the second half of 2025, contingent on interest rate cuts and improved economic sentiment.

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