KPMG Residential Property Market Outlook – January 2025

This report includes KPMG’s forecast of the national dwelling market, highlighting the complexity of current market dynamics across different cities and property types.

As the new year commences, KPMG analysis shows that the performance of the housing market has been mostly in line with our previous forecasts. In the previous edition, KPMG forecast national house and unit prices to grow y/y by 5.3 percent and 4.5 percent respectively in 2024, with the actual growth being 5.1 percent for houses and 4.5 percent for units. In this new report, KPMG forecasts that house prices will grow by 3.3 percent in 2025, and 6.0 percent in 2026. KPMG anticipates unit price...

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Authors: Brendan Rynne, Brian Tran

Published Date: 04 February 2025