CoreLogic April Chart Pack

🏡 National Market Overview

• National dwelling values rose 0.7% over Q1 2025, ending a three-month decline.

• Annual growth slowed to 3.4%.

• House values now carry a 31.5% premium over units, up from 25.8% in Jan 2023.

📍 Capital City Trends (Quarterly)

• Adelaide: +1.0% (11.0% YoY), record high.

• Brisbane: +0.9% (8.6% YoY), record high.

• Perth: +0.2% (11.9% YoY), near record high.

• Sydney: +0.4% (2.8% YoY), still -1.4% below peak.

• Melbourne: +0.3% (-2.6% YoY), -5.6% below peak.

• Canberra: -0.1% (-0.5% YoY).

• Hobart: +0.2% (-0.4% YoY), -12.0% below peak.

• Darwin: +2.8% (2.6% YoY).

🏠 Sales & Listings

• Monthly sales rose to 42,552 in March; however, annual volume dropped -2.1% since December.

• Listings remain tight:

  • New listings: 39,280 (↓4.1% below 5-year average).

  • Total listings: 141,620 (↓11.0% vs. 5-year average).

• Median days on market: ↑ to 40 nationally (↑ from 30 last year).

• Vendor discounting: Tightened slightly to -3.5%.

🔨 Clearance Rates

• Auction clearance rates fell to 59.4% by end of March.

• Adelaide led at 64.5%, followed by Sydney (62.9%) and Melbourne (62.3%).

📊 Rental Market

• National rents grew 3.8% YoY, the lowest in four years.

• Combined capital rental growth: 3.1%; regional: 5.6%.

• Gross rental yields rose modestly to:

  • National: 3.7%

  • Perth: 4.3%

  • Darwin remains highest at 6.6% (but falling).

🏗️ Dwelling Approvals & Lending

• Approvals:

  • Total: 16,606 (↓1.8% from 10-year average).

  • Units: ↑2.7% above average; houses: ↓5.0%.

• Home loan commitments: ↑1.4% in Q4 to $87.2B.

  • Investor lending down -2.9% (but still 22.2% above YoY).

  • First home buyers: $16B (29.2% of owner-occupier lending).

• Investor share of lending dropped to 37.2% (from 38.8%).

• High-risk loans (e.g. LVR ≥90%) remain low and contained.

💸 Interest Rates & Borrowing Costs

• RBA held the cash rate at 4.10% in April.

• Expectations rise for a May cut, especially if inflation stays below 3%.

• New loan rates:

  • Owner-occupiers: 6.09%

  • Investors: 6.29%

  • Long-term fixed investor rates: up to 6.91%

📈 Long-Term Growth

• National values up 39.1% over five years, equivalent to ~$230,000 increase in median value.

• Not the strongest on record: peaked at 79.7% (Dec 2003).

If you’d like to reach out and talk about your current situation please feel free to phone Shona on +61 417 693 281 or feel free to book a complimentary discovery call by using thew calendar below.

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