From 1 July 2026, no first home buyer in the ACT pays stamp duty -- no income cap, no price limit. Here is what the change means, what was in place before, and what buyers need to know.
Sydney asking prices are down 1.1% in a month. Hobart rents are up 14.8% in a year. SQM Research's May 2026 data shows Australia's property market hasn't boomed or busted — it's split into eight different cities.
$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
