House Prices Rise Again, Because Apparently Consequences Are Optional Now
Author by
Phor
Tuesday, 2025 Jun 03|
12:13 AM
It’s official: the housing market has decided gravity is a myth.
Median Aussie house? Now $831,000.
That's not a roof over your head — that's a luxury product with a mortgage that eats first.
Prices went up another 1.8% this quarter.
That’s after interest rates were supposed to cool things down.
But surprise: buyers surged back like a Boxing Day sale.
Suddenly, auctions are war zones again and first-home hopefuls are updating their “move to New Zealand” plans.
Banks, meanwhile, are loving the vibe. Lending’s up. Profits are up.
And all those responsible lending lectures?
Quietly shoved in a drawer next to last year’s economic caution tape.
And let’s talk renters — if you can still afford to.
You’re not house-hunting, you’re entering The Hunger Games with a bond payment.
A backyard? That’s an inheritance. A dishwasher? That’s elite.
The Reserve Bank’s big idea? Hope. Literally.
They’re banking on people not bidding like they’ve lost their minds.
No policy. Just pure optimism. Housing supply? Still bottlenecked. Planning approvals? Snail mode. Investors?
Back in the game. Politicians?
Still holding investment properties and offering advice like “just save harder.” Meanwhile, 39% house price growth over five years.
Which means if you didn’t buy before 2020, congrats — you now qualify for a permanent sense of financial dread.
🏠 This isn’t a bubble.
It’s a brick wall — and we’re all walking straight into it.
📉 Sources: Domain, ABC, AFR (2 June 2025)
🧨 You made it to the end. now what?
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