Australians expect property boom as sentiment hits 15-year high

Australians are predicting a property market boom over the next 12 months as a key indicator of house price expectations hit a 15-year high off the back of lower interest rates, supply shortages and first home buyer incentives.

Westpac’s indicator for house price expectations in October rose 12.2 per cent over the past year, and is 34 per cent higher than its long-run average.

Source: https://www.afr.com/policy/economy/australians-expect-property-boom-as-sentiment-hits-15-year-high-20251007-p5n0og