The IPN Regional Price Index analyses the short-term fluctuations in house and unit markets across regions in NSW, VIC, QLD, SA, WA, and TAS, excluding capital city areas. Published quarterly, the data is derived from agent-advised sale prices for houses and units and is calculated over a rolling 12-month sample period. Read our January 2025 report.
Regional Price Index Report Highlights
Housing market
- In the housing market, NSW’s Broken Hill and Far West saw the largest 3-month change in median sale prices, with a +20% increase. SA’s Mid North (+11%) and NSW’s Griffith – Murrumbidgee (West) (+10%) rounded out the top three. Nationally, WA identified the largest increase in regional sold median houses, with a +4% shift in the last 3 months, closely followed by SA at +3.7% and QLD at +2.6%. NSW (+1.6%) and TAS (+1.0%) also saw increases, with VIC being the only state to identify a decrease at -0.9%.
Unit market
- In the unit market, VIC’s Grampians (+18%) and Grampian – East (+15%) saw the largest increases in the median sale price over the last quarter, with WA’s Bunbury and NSW’s Kempsey – Nambucca both identifying an increase of +12%. Nationally, SA saw the largest quarterly shift at +8.1%, closely followed by WA at +7.0%. QLD sat at +4.2%, NSW at +1.4% and TAS at +0.5%. Similarly to the housing market, VIC identified a decrease of -0.7%.