Australia's Housing Market: Two Speeds, Two Paths

0:00In Adelaide, it's March 2nd, here's what is happening. Australia's housing market is splitting into two distinct paths. In the biggest cities like Sydney and Melbourne, home values flatlined in February 2026, showing no growth after a quarter of slight drops. Meanwhile, smaller capitals are booming, with Perth leading the charge at 2.3% growth last month alone. Perth has been the star performer, adding more than $22,500 to the median home value in February and surging. 27.1% over the past year. Brisbane followed with 1.6% gains, and Adelaide hit 1.3% in the same period. Experts point to stark differences in supply and demand. Listings in Perth were nearly 50% below the five-year average, while Brisbane and Adelaide also saw tight inventory. In Sydney and Melbourne, new listings were above average, prompting more sellers to cash in before conditions weaken.

1:00This divide has been growing for years, creating a true, two-speed market. High borrowing costs and tight budgets are pushing buyers toward cheaper homes nationwide, especially in pricier cities, where lower end values rose. Much faster than luxury ones over the past year. For now, low stock keeps fueling gains in mid-size cities, but a slowdown in Sydney and Melbourne could signal broader cooling ahead. Property trends are getting harder to predict as these gaps widen. This episode is supported by our sponsor, CDetails in the description. Do not just fall asleep. Drift into what you are listening to, solypillow.com