What is the median price of a home in Australia?

The median house price in Australia in June 2023 was $1.025 million, the seventh consecutive monthly decline according to CoreLogic. This represents a decrease of 0.5% from May 2023, and a decrease of 2.4% from the peak in April 2023.

The median price of a unit in Australia was $605,000 in June 2023. This represents a decrease of 0.7% from May 2023, and a decrease of 2.9% from the peak in March 2023.

The most affordable capital city to purchase a property in June 2023 was Darwin, where the median house price was $480,000. The most expensive capital city was Sydney, where the median house price was $1.65 million.