Allen Real Estate · Australian property values
Property dashboard
How the capital cities are moving — and what a year of change means for a $1 million house.
Brisbane · 12-month change
−0.21%
Houses · Brisbane excluding Gold Coast
31 October 2026
Strongest capital · Darwin
+7.71%
Highest annual change among the capitals shown
Same period and property type
$1m in Brisbane · average per week
−$40
Annual capital-value change ÷ 52
Not the latest week’s movement
The daily index snapshot
Cotality’s daily series tracks all dwellings in five major capital-city markets. Brisbane in this series includes the Gold Coast.
Swipe across to view all columns.
| Market | Index level | Daily change (index points) | 3 months | 12 months |
|---|---|---|---|---|
| Sydney | 224.86 | −0.11 | −4.74% | −10.07% |
| Melbourne | 172.98 | −0.06 | −2.69% | −8.04% |
| Brisbane + Gold Coast | 214.42 | −0.26 | −6.02% | −0.87% |
| Adelaide | 225.84 | −0.16 | −4.09% | +3.15% |
| Perth | 197.30 | −0.11 | −5.89% | +2.35% |
| 5 capital city aggregate | 207.21 | −0.12 | −4.71% | −5.81% |
The daily change is in index points; the three- and 12-month changes are percentages. Index points are not prices in dollars. Daily moves can be noisy, so use the longer periods for broader context. This dated snapshot is reviewed weekly.
View Cotality’s current daily index ↗ · Sydney, Melbourne, Brisbane including Gold Coast, Adelaide and Perth. Hobart, Darwin and Canberra are covered in the monthly comparison below.
A year across the capitals
The same 12-month window, using the houses index for every city. Brisbane here excludes the Gold Coast, unlike the daily table.
Annual value change
Percentage change · sorted highest to lowest
What happened to a $1 million house?
Start with a house worth $1,000,000 on 31 October 2025, then apply each city’s annual index change. This makes the difference between markets easier to see in dollars.
Swipe across to view all columns.
| Capital city | 12-month change | Value at period end | Annual gain / loss | Average / week |
|---|---|---|---|---|
| Sydney | −10.77% | $892,300 | −$107,700 | −$2,071 |
| Melbourne | −8.86% | $911,400 | −$88,600 | −$1,704 |
| BrisbaneExcludes Gold Coast | −0.21% | $997,900 | −$2,100 | −$40 |
| Adelaide | +3.71% | $1,037,100 | +$37,100 | +$713 |
| Perth | +3.94% | $1,039,400 | +$39,400 | +$758 |
| Hobart | +5.64% | $1,056,400 | +$56,400 | +$1,085 |
| Darwin | +7.71% | $1,077,100 | +$77,100 | +$1,483 |
| Canberra | −4.24% | $957,600 | −$42,400 | −$815 |
“Average / week” means the annual gain or loss divided by 52. It is not the last week’s result, a prediction, rental income or cash earned. Individual properties can perform differently.
The calculation: $1,000,000 × (annual index change ÷ 100) = annual dollar change.
Illustrative end value: $1,000,000 + annual dollar change. Average per week: annual dollar change ÷ 52.
What the comparison tells you
It translates the same starting value into comparable changes across cities. It does not compare current median prices or show which city buys the largest house for $1 million.
What is left out
The illustration measures capital-value change only. It excludes rent, interest, tax, stamp duty, selling costs, maintenance and improvements. Dollar figures are rounded to the nearest dollar and use the published, rounded index percentages.
Sources & method
Monthly comparison. Cotality (formerly CoreLogic), Daily Home Value Index: Monthly Values, houses, 31 October 2026. Annual movement compares 31 October 2025 with 31 October 2026.
Calculations and presentation: Allen Real Estate. This dashboard is independent of Cotality.
Daily and monthly series differ. Daily figures describe all dwellings across five major markets, including Brisbane plus Gold Coast. The monthly table uses houses across all eight capitals, with Brisbane excluding Gold Coast. These series should not be joined into a single trend.
Data can be revised. Cotality revises its hedonic indices as further transactions are reported. Always use the date and property type shown; a weekly page review does not create a new monthly observation.