CoreLogic’s January 2025 Home Value Index (HVI)
- Phil Aldridge
- Jan 9
- 1 min read
CoreLogic’s January Home Value Index (HVI) has been released with all the latest must-
know property market metrics, including:
• Australian home values fell -0.1% in December, the first monthly decline in the
national index in almost 2 years.
• The December decline in the national HVI was enough to drag the quarterly
change into negative territory, also down -0.1%, to mark the end of what has been
a surprisingly strong and resilient period of growth between February 2023 and
October 2024.
• In annual terms, Australian home values were up 4.9% in 2024, adding
approximately $38,000 to the median value of a home.
• Three of the capitals recorded a decline in values over the year; Melbourne (-
3.0%), Hobart (-0.6%) and the ACT (-0.4%). At the other end of the spectrum were
the mid-sized capitals, with Perth values surging 19.1% higher over the year,
Adelaide up 13.1% and Brisbane values 11.2% higher.
• Regional housing markets finished the year on a stronger note, with values up
6.0% over the year, compared with a 4.5% rise across the combined capital index.
• Rental markets also finished the year on a softer note, with the national rental
index up just 0.1% in the month of December to be 0.4% higher through the
December quarter and 4.8% higher over the calendar year.
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