The Australian Markets Peaks report is a comprehensive analysis that examines the resilience and recovery of Australia’s property markers through the lens of historical peak performance. The report dissects the performance of various Statistical Area Level 3 (SA3) regions across the nation, comparing those areas that have successfully regained their peak property values with those that remain below their historical highs.
Australia’s Market Peaks: Regions Compared Report Highlights
Capital Cities
Across Capital Cities, Greater Perth (100% at peak), Greater Brisbane (92%), and Greater Adelaide (68%) have demonstrated impressive resilience within their respective Statistical Areas (SA3s), having reached their historical peaks.
By contrast, other prominent metropolitan markets lag behind, including Greater Sydney (50%) and Rest of NSW (40%). However, even more striking is the performance of Greater Melbourne (7%), Greater Hobart (0%), Greater Darwin (0%), and the ACT (0%), where hardly any SA3s have reached peak pricing.
Regional Areas
Across the regional areas, the top 20 SA3s in these markets exhibit robust annual growth in median house prices. Western Australia’s Wheat Belt – North and Bunbury are strong, registering annual increases of 21.2% and 21.0% respectively. Queensland’s regional areas also show significant momentum, with Townsville and Gladstone recording impressive gains of 20.7% and 19.0%. Other Queensland regions, including Rockhampton, Bundaberg, Mackay, and Caloundra, are posting growth rates ranging from 12% to nearly 17%.
In Rest of SA, high-performing areas such as Mid North, Lower North, Yorke Peninsula, and Barossa achieved increases in the mid-teens. Rest of NSW contributes several regional pockets with gains above 16% in areas like Lower Murray and Bourke – Cobar – Coonamble.
Summary
Overall, these results highlight a dynamic and diverse recovery landscape driven by localised economic factors, infrastructure improvements, and shifting lifestyle preferences. This report underscores the importance for investors and stakeholders to focus on granular, region-specific analysis, as regional markets continue to outperform many of their metropolitan counterparts in achieving long-term price peaks.