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Australiaโ€™s property market is heating up again โ€” and the latest forecasts show even more capital cities are expected to hit the $1 million median house price mark by 2026. ๐Ÿ“ˆ
According to new modelling, Perth, Brisbane and Adelaide are on track to join Sydney, Melbourne and Canberra in the million-dollar club as early as 2026.

Why? The same powerful forces continue to drive prices upward:
๐Ÿ”นBuyer demand far outweighs supply across almost every major city
๐Ÿ”นStabilizing interest rates restoring confidence
๐Ÿ”น Population growth & migration lifting housing needs
๐Ÿ”น Construction delays & shortages pushing supply further behind
๐Ÿ”น Investors returning as rents climb and vacancy rates remain extremely low

๐Ÿ“Š In fact, house prices have hit their highest levels in nearly four years, and experts predict this strong price momentum will continue into 2025 and beyond. Cities like Perth and Brisbane are already seeing rapid gains, while Adelaide continues its extraordinary run of growth driven by affordability and lifestyle demand.

๐Ÿ  With supply pipelines under pressure and demand continuing to surge, competition is expected to intensify โ€” meaning buyers may need to act sooner rather than later to avoid paying more down the track.

๐Ÿ’กThinking about buying or investing before prices jump again?
This could be a strategic time to position yourself ahead of the next growth wave.

๐Ÿ“žLetโ€™s talk strategy: 1300 074 675
๐ŸŒ simplywealthgroup.com.au
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