Asciential Insights APRIL 2025
- peterward4
- Apr 2
- 2 min read
In this edition
Asciential Assessment: The State of the Markets
Perth Property Prices to Grow up to 10% in 2025
Proptrack Home Price Index results - March 2025
Off the property track...
Asciential Assessment: The State of the Markets
February’s 25 basis point interest rate cut has lifted affordability across the big four states, unlocking new capacity for growth in key markets.
Take Brisbane: before the rate cut, its capital growth potential sat at just $10,000. That figure has since jumped to $92,000. Table 1 shows how the major capitals are performing, with Perth a clear standout—showing a substantial $280,363 in growth capacity.
A major driver behind this is household affordability. An average family cannot sustain loan repayments beyond 36% of gross household income. In Perth, only 26% is needed to support a median house price of $830,000—well below the stress threshold. Table 2 demonstrates why this positions Perth for continued, sustainable growth.
Asciential is currently offering new 4-bedroom homes in Perth from $700,000—making it one of the most accessible and opportunity-rich markets in the country.
*Based on median house prices and average household wages in each capital city.
TABLE 1
TABLE 2
*Based on median house prices and average household wages in each capital city.
Perth Property Prices to Grow by up to 10% in 2025
The Real Estate Institute of Western Australia (REIWA) forecasts that Perth's median house prices will increase by up to 10% in 2025, following a 24.2% rise in 2024. This growth is driven by strong population increases, low unemployment, a robust economy, and the strongest affordability of any of the big 4 states.
PropTrack Home Price Index results - March 2025
As of April 2025, the PropTrack Home Price Index shows national home prices rose in March by 0.23%—marking the 16th straight month of growth—with Perth leading the pack, Brisbane showing more modest gains, and Melbourne remaining relatively flat.
Off the property track...
This month, from Visual Capitalist: