Property Prices Up 9.6% in 2026 in Australia

Australia’s property market continues to rise. The NAB Housing Monitor shows prices up 9.6% over the past year, with values rising 0.6% in February. The national median home is now around $900,000. Growth is strongest in Perth, Brisbane and Darwin, while supply struggles to keep up. Rental pressure is also increasing. Vacancy sits near 1.6% and rents are rising about 6% annually, strengthening demand for property.