Will Home Prices Drop In 2025. By the end of the 2025 financial year, the median house price will have surpassed $1.7 million in sydney and $800,000 in perth, according to the domain forecast report. Realtor.com economists anticipate rates averaging 6.3% in 2025 and inching towards 6.2% by the end of the year.

House prices will rise nationally by 5.3% over the next six months and by 5.6% during 2025, kpmg’s new property report on australia’s capital cities finds. By the end of the 2025 financial year, the median house price will have surpassed $1.7 million in sydney and $800,000 in perth, according to the domain forecast report.