strong, reaching 2.2 per cent in the year to June 2025. The median house price has risen to $1.34 million, reflecting a 5.5 per cent increase, while the median unit price has also climbed to $609,000. Rental prices have surged as well, with the median house rent now at $800 per week - up 12.4 per cent - and unit rents close behind at $750 per week. As houses have become less affordable, more people have turned to the unit market, which includes villas, townhouses, home units, flats, and apartments. This redirection of demand saw price growth in the unit market surpass median house price growth in 2025 and this is likely to continue in 2026. On an economic level, changes to interest rates can impact demand by increasing or reducing borrowing capacity. Should interest rates rise more than once in the coming months we could see market activity decrease, particularly in the first home buyer market. If we don’t see significant improvement in the availability of properties to purchase, or a strong increase in new home supply, the upward pressure on prices will remain. Matt Seabrook Director | Ray White Inner North 2
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