What’s The Median Price For A House In Australia?

Buying your first home is always challenging, and rising prices don’t make it any easier. Here are the median prices for a house or a unit in Australia’s capital cities right now, according to the CoreLogic RP Data Hedonic Home Value Index.

Picture: Michael Coghlan

Median prices are a better indication than averages, since high-priced outlier properties can skew average figures. These numbers are based on settled sales in the three months to the end of March.

City Houses Units
City Houses Units
Sydney $880,000 $638,000
Melbourne $620,200 $480,000
Brisbane $501,800 $375,000
Adelaide $420,000 $342,000
Perth $530,000 $435,000
Hobart $359,000 $265,000
Darwin $572,500 $465,000
Canberra $588,000 $409,700

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