The unit market has mirrored trends in the housing sector , with Perth leading the pack . It recorded a 1.7 per cent monthly increase and over 20 per cent annual growth . Adelaide , known for its affordability , continues to perform well , rising 0.7 per cent this month to $ 565,690 . Brisbane ’ s growth was more modest at 0.6 per cent , but its annual increase has been strong at 14.1 per cent , driven by high construction costs for new builds pushing up their economic values .
Sydney and Canberra saw minimal changes over the month . In contrast , Darwin , Melbourne , and Hobart experienced price declines of 0.1 per cent , 0.2 per cent , and 0.3 per cent respectively . Melbourne continues to see property investors exit the market due to high taxes , leading to increased listing volumes and a higher likelihood of short-term price reductions . Over the past year , Hobart is the only city to record a decrease in median prices , falling 0.7 per cent to $ 559,793 .