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Recent data on rental yields in Australia’s two largest cities reveals some interesting trends. These figures, aggregated at the suburb level, provide insights into the property markets of Sydney and Melbourne.
Looking back to 2017, Sydney’s rental yields were generally lower than Melbourne’s. For instance, in January 2017, Sydney’s yield was around 4.84%, while Melbourne’s was higher at about 6.66%.
However, the data shows a significant shift in 2018. Sydney experienced a dramatic spike in rental yields, reaching as high as 30.65% in October 2018. This was a stark contrast to Melbourne’s more stable yield of around 6.42% during the same period.
Following this anomaly, Sydney’s rental yields settled back to more typical levels. By 2019, both cities were showing comparable yields, with Sydney ranging between 4.8% and 5.1%, and Melbourne between 6% and 6.8%.
The most recent data from 2022 indicates that the gap between the two cities has narrowed further. In March 2022, Sydney’s rental yield was approximately 4.23%, while Melbourne’s was slightly higher at 4.64%.
These figures highlight the dynamic nature of Australia’s property markets, with rental yields fluctuating over time in response to various economic factors.

Melbourne’s property market has seen significant fluctuations in recent years, with house prices experiencing both ups and downs. This analysis examines the trends in median house prices across Melbourne suburbs from 2017 to 2022.
In early 2017, the median house price in Melbourne stood at approximately $492,600. The market saw a steady increase throughout that year, reaching around $518,500 by December 2017.
The first half of 2018 continued this upward trend, with prices peaking at about $531,800 in June. However, a sharp decline followed, with prices dropping to around $467,500 by October 2018. This represents a decrease of over 12% in just four months.
The market rebounded quickly, with prices jumping back up to $533,300 by December 2018. Throughout 2019, prices remained relatively stable, hovering around the $530,000 mark with minor fluctuations.
From 2020 onwards, the market entered a period of sustained growth. By March 2021, the median house price had risen to approximately $580,000, and this upward trajectory continued. March 2022 saw prices reach a high of about $693,800, marking a substantial increase of over 40% from the start of 2017.
It’s important to note that these figures represent suburb-level aggregates and individual property values may vary significantly based on location, size, and other factors.

Melbourne’s property market has seen significant fluctuations over the years, as revealed by recent suburb-level aggregate data. This information provides insights into the changing landscape of house prices in a specific Melbourne suburb.
The data shows a notable increase in house values from the beginning of 2017 to mid-2017. In January 2017, the median house price was $1,985,000, which rose dramatically to $3,902,500 by May of the same year. This represents a substantial jump of nearly 97% in just five months.
However, the market experienced a downturn in 2018. By July 2018, house prices had fallen to $2,730,000, marking a significant decrease from the peak observed in 2017. This decline highlights the volatile nature of the property market during this period.
More recent data indicates a recovery and stabilization of house prices. As of November 2023, the median house price stood at $3,657,932, showing a considerable rebound from the 2018 low. The latest available data for 2024 suggests a further increase, with prices holding steady at $3,750,000 from June to October.
It’s worth noting that while house prices have shown variability, unit prices in the same suburb have remained relatively stable, fluctuating between $600,000 and $707,500 throughout the observed period.
These figures underscore the importance of considering long-term trends when analyzing property markets, as short-term fluctuations can be significant.

Recent data reveals significant variations in property numbers across Australian regions, with suburb-level aggregates showing Outer Adelaide leading the pack at 190 properties. The Richmond-Tweed region follows closely with 186, while the South Eastern area rounds out the top three with 175 properties. These figures highlight the diverse nature of Australia’s regional property markets.
At the other end of the spectrum, the Upper Great Southern region records the lowest number at 62 properties, followed by the Australian Capital Territory – Balance area with 61. This stark contrast underscores the importance of considering local market conditions when evaluating property opportunities.
Mid-range regions such as the Central West (167), South East (165), and Mersey-Lyell (163) demonstrate a more balanced property landscape. These areas may offer a mix of established neighbourhoods and developing communities, potentially providing diverse options for homebuyers and investors alike.
Looking ahead, forecasts for the Adelaide statistical division suggest a gradual increase in total properties, rising from 2,481 in August 2025 to 2,495 in October 2025. This steady growth could indicate ongoing development and market stability in the region.
In contrast, projections for the Australian Capital Territory – Balance area show a stable figure of 22 properties across the same period, reflecting limited growth expectations in this particular region.
These figures and forecasts provide valuable insights for property market participants, highlighting the importance of considering regional variations when making informed decisions in Australia’s diverse property landscape.

Recent data reveals varying property market conditions across different areas of Parkes, New South Wales. These figures represent suburb-level aggregates, providing insights into local real estate activity.
In one Parkes suburb, the total number of properties remained stable at 4,584 as of July 2025, with 276 sales recorded over the past 12 months. This suggests a relatively active market in this particular area.
Another suburb within Parkes showed a smaller property pool of 296 total properties, with 12 sales occurring in the last year. This indicates a more modest level of market activity compared to the larger suburb.
Interestingly, a third Parkes suburb reported only one property, with four sales over the past 12 months. This unusual data point may require further investigation to understand the specific circumstances of this area.
Looking ahead, forecasts suggest the number of properties in one Parkes suburb will remain constant at one for the next three months through October 2025. However, predictions for sales turnover and the number of sales are not available at this time.
These diverse trends highlight the importance of considering localized data when assessing the Parkes property market, as conditions can vary significantly even within the same town.

The property market in Parkes, New South Wales, has shown some interesting trends over the past few months. According to recent data, which represents suburb-level aggregates, there has been a slight increase in the total number of properties in the area.
In September 2023, Parkes had 4,487 properties, with 194 sales recorded over the previous 12 months. By April 2024, the total number of properties had grown to 4,569, with 209 sales in the preceding year. This suggests a modest growth in the local property stock and a relatively stable sales volume.
Interestingly, the data shows variations in different property segments within Parkes. For instance, one segment saw an increase from 7 properties in September 2023 to 16 properties by March 2024, indicating potential development or subdivision activity in certain areas of the suburb.
The sales turnover rate appears to have remained consistent, with no significant fluctuations reported. This stability could be interpreted as a sign of a balanced market, neither overly hot nor cold.
Looking ahead, forecasts suggest the number of properties in Parkes will continue to grow, albeit at a slow pace. However, it’s important to note that these projections are subject to various factors and should be considered alongside other market indicators.
For potential buyers or investors, these figures indicate a steady market with gradual growth. However, as with any property decision, it’s advisable to conduct thorough research and consider personal circumstances before making any moves in the Parkes property market.

Recent data reveals significant variations in property numbers across different Australian regions, with capital cities generally leading the pack. These figures represent suburb-level aggregates, providing insights into the distribution of properties nationwide.
Melbourne tops the list with 2,002 properties, followed closely by the Gold Coast at 1,822. Perth, Brisbane, and Sydney round out the top five with 1,284, 1,233, and 1,179 properties respectively.
Among the capital cities, Canberra shows a more modest figure of 872 properties, while Darwin reports 356. The Sunshine Coast and Adelaide also feature prominently, with 726 and 673 properties respectively.
Regional areas demonstrate a wide range of property numbers. The Far West region stands out with 536 properties, while areas like the Hunter Valley (348) and Mackay (301) show lower figures. The Central Highlands and Gippsland regions report some of the lowest numbers, with 211 and 250 properties respectively.
Looking ahead, forecasts suggest potential growth in several areas. Adelaide, for instance, is projected to see an increase to 2,495 properties by October 2025. Brisbane is also expected to experience growth, with forecasts indicating a rise to 3,140 properties in the same period.
These figures and forecasts provide valuable insights for property investors, developers, and policymakers, highlighting the diverse nature of Australia’s property landscape across its various regions.

Recent data reveals the current stock on market figures for various Australian suburbs. These figures represent the number of properties available for sale in each area, providing insights into local real estate activity.
Prevelly, a coastal suburb in Western Australia, leads the list with 3.0 properties on the market. This is followed by Drummond Cove, another Western Australian suburb, with 2.0 properties available.
Several suburbs across different states show 1.0 property on the market. These include Stanage, Lower King, Walliston, Golden Point, Uranquinty, Port Franklin, Morbinning, Woodview, Queensferry, Greenwoods Valley, Benaraby, Allanooka, Corinthia, Rochester, Cobark, Carrick, Causeway Lake, The Leap, Polo Flat, Tragowel, Karloo, Pallamallawa, and St Aubyn.
It’s important to note that these figures are suburb-level aggregates and may not represent the entire property market of larger regions or cities. The data provides a snapshot of current market activity in these specific areas, offering valuable information for both buyers and sellers in the Australian property market.

Median house prices offer a key indicator of property values in different areas. Recent data reveals the top 10 Sydney suburbs with the highest median house prices, showcasing the premium end of the market.
What the data shows: Darling Point leads the pack with a median house price of $14.05 million, followed by Bellevue Hill at $11.5 million and Vaucluse at $9.1 million. The eastern suburbs dominate the list, with Tamarama, Watsons Bay, and Dover Heights also featuring prominently.
How to interpret this: These figures reflect the desirability and exclusivity of Sydney’s eastern suburbs, particularly those with harbour views or beachside locations. However, it’s important to note that high median prices don’t necessarily indicate overall affordability or market trends across broader Sydney.
It’s worth remembering that these figures are suburb-level aggregates and represent a snapshot in time. Individual property values can vary significantly within each suburb, and market conditions may change over time.

Sydney’s property market continues to showcase some of Australia’s most expensive real estate, with several suburbs maintaining their position at the top end of the market. Recent data reveals the median house prices for some of the city’s most prestigious areas.
Darling Point leads the pack with a staggering median house price of $14.05 million, cementing its status as one of Sydney’s most exclusive suburbs. Following closely behind is Bellevue Hill, where the median house price sits at $11.5 million.
Vaucluse rounds out the top three with a median house price of $9.1 million, while Tamarama and Watsons Bay complete the top five with median prices of $7.83 million and $7.15 million respectively.
Other notable suburbs in the high-end market include Aberfoyle ($7.1 million), Dover Heights ($6.9 million), and Whale Beach ($6.79 million). Oxford Falls and Double Bay also feature prominently, both with median house prices exceeding $6.5 million.
It’s important to note that these figures represent suburb-level aggregates and individual property values may vary significantly within each area.