Subject: Average Aussie house price nears $1.1 million
⚡️ Highlights:
1. Dwelling values in Australia increased by 8.6% in 2025, with regions outpacing capital cities at 9.7% versus 8.2%. 2. Australia's dwelling stock was valued at $12.3 trillion at the end of 2025, with the average home valued at $1,079,000. 3. The housing affordability report showed a record high dwelling value to income ratio of 8.2 in September 2025, up from 5.2 in September 2002. 4. Australians are reported as having the second wealthiest households globally, largely due to high property values and rising mortgage debt. 5. The surge in Australian home prices has negatively impacted future generations, who will face higher housing costs and potential financial insecurity.
✍️ Leith van Onselen | Full Article
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