Rising interest rates reshaped Australian property investment. Now, with the RBA cutting and yields shifting, capital is moving — out of the capitals, into the regions, and toward asset classes that weren't on most investors' radar two years ago. Here's where the money is going in 2026.
Australia's property investment story in 2026 is no longer being written in Sydney or Melbourne. After three years of relentless market activity, the nation's smaller capitals
Australia’s first-home buyers are being pushed further out of the property market, as rising housing costs continue to outstrip income growth despite recent relief in interest rates.
New
$1.09M
Median house price
December 2025
+11.9%
Annual house price growth
12 consecutive quarters
+12.9%
Annual unit price growth
11 consecutive quarters
Adelaide's housing market
$1.09M
Median house price
December 2025
+18.4%
Annual house price growth
One-year high
0.5%
Rental vacancy rate
Among tightest in Australia
A Record Quarter by Any
Brisbane has crossed $1.17 million. What was once a discount market has become a premium one — and the city's structural tailwinds suggest the ceiling isn't
Key Points
* Domain forecasts Melbourne median house prices reaching $1.17 million by end of 2026
* KPMG tips 6.6% house price growth and 7.1% unit growth — highest among
