Investors and first home buyers return as market momentum builds

Property prices rose again in October, marking the strongest monthly gain since mid‑2023. National home values lifted 1.1% for the month and are up 6.1% over the year.

Growth was recorded across all capital cities, with renewed activity from both investors and first home buyers driving competition.

The number of new listings remains well below average, contributing to a tighter market environment. Analysts note that buyer demand is recovering faster than stock levels, placing further upward pressure on prices as we move towards the end of the year

Why It Matters

• National home values increased 1.1% in October

• Buyer demand is rising across both investor and first home buyer segments

• Low supply is supporting continued price growth

This suggests the market is entering a new growth phase rather than simply stabilising, representing an opportunity for investors to engage before competition intensifies.