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Property markets show mixed trends across Australia

Press coverage 14 May 2025 Summary of published coverage
Property markets show mixed trends across Australia

PIPA’s national market update reported uneven conditions across the states in the March quarter, with chair Nicola McDougall pointing to early recovery signs in New South Wales after a rate cut, pockets of value in Melbourne and continued strength in Queensland regional centres. Perth posted the strongest yearly gain among the capitals, while Tasmania’s recovery was tempered by rental affordability pressures. Cotality data showed cheaper housing led capital growth over the year.

Reported by

Adrian Suljanovic, Real Estate Business, 14 May 2025

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