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Property prices hit fastest pace in two years

Money Magazine Australia

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December-January 2026

Australia's property market is heating up again, with home values rising at their fastest pace in more than two years.

- COMPILED BY RYAN JOHSON.

Property prices hit fastest pace in two years

New figures from Cotality report that national dwelling values jumped 1.1% in October, the strongest monthly lift since mid-2023, pushing the annual growth rate to 6.1%.

That translates to an extra $10,000 on the typical capital city home in just one month, and almost $54,000 added since February.

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