The value of Australia’s residential housing hit $11.3 trillion at the end of April to be now worth almost three times as much as Australian Superannuation and four times as much of Australia’s listed stocks.

According to CoreLogic more than half (55.3%) of Australia’s household wealth is tied up in housing. There were 525,313 home sales in the 12 months to May 2025, which is 2.7% higher year on year. About $508.6 billion worth of property changed hands in the past 12 months. CoreLogic data shows it takes on average four days longer to sell than it took a year ago, but property values still increased by 3.2% over the same period. Regional markets are still outperforming capital city markets, up by 5.3% and 2.6% respectively. And rents are also rising, up 3.6% nationally since last year.

The highest growth in dwelling values in the past 12 months according to CoreLogic is Regional Western Australia which is up by 13.2% followed closely by Regional South Australia which is up by 12.9%.