Sydney Housing Market: Median House Price and Annual Change by Suburbs April 2025
Sydney’s property market has been steadily rebounding in recent months, supported by growing buyer confidence and a gradual reduction in interest rates. The latest April 2025 data from RealEstate.com.au highlights a renewed sense of cautious optimism across the city’s housing sector.
The overall median house price for Sydney now sits at AUD 1,250,000, representing a 5.4% annual increase. While not as explosive as some individual suburbs, this steady rise indicates a balanced market with pockets of strong growth.
With interest rates stabilising and demand for detached homes remaining high, Sydney’s housing market is expected to stay buoyant through the remainder of 2025. Affordability pressures may continue to push buyers toward Western and Outer Sydney suburbs, while luxury buyers fuel price appreciation along the coast.
Following a 2.2% decline between October 2024 and January 2025, Sydney housing values have begun to recover, recording two consecutive months of growth—rising by 0.1% in February and 0.3% in March 2025. Despite these gains, the city’s median property price still sits about 1.4% (or \$17,300) below its peak in September 2024.
Record-Breaking Growth in Mulgoa and East Hills
Leading the charge is Mulgoa, where the median house price surged a staggering 65.4% over the past 12 months, reaching AUD 2,200,000. The suburb’s rural charm and increasing interest in larger properties have made it a top choice for upgraders and investors alike.
Close behind is East Hills, with a remarkable 29.3% growth, lifting its median house price to AUD 1,630,000. The suburb’s affordability relative to inner-city locales and improved transport links are likely contributors.
Western Suburbs Drive Broader Market Momentum
Several traditionally more affordable areas also posted strong gains. Fairfield saw prices rise 18.8% to AUD 1,170,000, while Bankstown and Auburn recorded growth of 17.9% and 16.8% respectively. These gains reflect broader interest in Sydney’s west, where buyers are finding value beyond the city’s core.
Holsworthy (15.6%), Granville (13.8%), and Cabramatta (13%) also experienced notable increases, cementing the region’s status as one of the fastest-growing in Sydney.
Coastal Prestige Markets Stay Strong
High-end coastal suburbs continue to see robust demand. Vaucluse, one of Sydney’s most exclusive enclaves, posted a 21.3% jump, lifting its median price to AUD 7,472,500. Coogee (up 14.7%) and Manly (up 16.4%) both remain top lifestyle destinations, driving continued premium pricing.
The Inner West suburb of Drummoyne also stood out with a 16.9% rise to AUD 2,875,000, benefiting from its waterfront location and proximity to the CBD.
Modest Growth and Market Corrections Elsewhere
While the majority of suburbs recorded gains, some areas experienced either modest growth or declines. Canterbury (down 2.4%), Davidson (down 3.3%), and The Entrance (down 3.1%) were among the few to see falling prices, possibly due to earlier market peaks or shifts in buyer preference.
More stable performance was seen in Camden and Terrigal, where prices remained flat, suggesting some cooling after years of growth.
