CoreLogic’s February 2025 Home Value Index (HVI)

CoreLogic’s February Home Value Index (HVI) has been released with all the latest must-know property market metrics, including:

•Australian home values posted a 0.3% rise in February, ending a short-lived three-month downturn.

•Melbourne (0.4%) and Hobart (0.4%) led monthly gains, where home values have previously been among the weakest. For Melbourne, the lift breaks a streak of ten consecutive months of falls.

•The mid-sized capitals Brisbane (0.2%), Perth (0.3%) and Adelaide (0.3%) have conversely lost their mantle as the strongest growth markets.

•Sydney (0.3%) and Melbourne (0.4%) home values have rebounded, driven by each of their upper quartile markets.

•Regional housing markets (0.4%) value growth continued to outpace the combined capitals (0.3%) in February.

•National rents rose by 0.6% in February, the strongest monthly gain since May last year.

•Gross rental yields have lifted slightly to 3.72%, from recent low of 3.65%.

•While the RBA’s rate-cutting cycle is still fresh, lenders passing on lower mortgage rates should prove positive for housing markets and lift borrower confidence in the coming months.

https://www.corelogic.com.au/news-research/news/2025/housing-downturn-reverses-in-february?_hsenc=p2ANqtz--KTdlFjl0MhxIW8op_ubn7CK7nExYmrYjj825TtKJj2-kbM4vKidQrAez38U5rfZP6YMZICkbUXbUCw5uH9l2GowuGyg&_hsmi=349410376&utm_source=hs_email&utm_medium=email&utm_content=349410376&utm_campaign=au-res-hvi-2025-mar