APRIQ Residential Quarterly — June quarter 2026

Rent movers

Largest measured market movements visible in APRIQ for June quarter 2026. These are evidence flags, not investment rankings.

Extreme percentage movements were withheld by the publication sanity gate pending denominator and sample review.

Sale-price movers

Largest measured market movements visible in APRIQ for June quarter 2026. These are evidence flags, not investment rankings.

• Ashton, SA: +49.4% (Houses; sa-metro-median-house-sales).
• Forestville, SA: +48.6% (Houses; sa-metro-median-house-sales).
• Kingswood, SA: +47.1% (Houses; sa-metro-median-house-sales).

Population movers

Largest measured market movements visible in APRIQ for June quarter 2026. These are evidence flags, not investment rankings.

• Albury, NSW: +0.0% (Total; abs-regional-population-lga).
• Armidale Regional, NSW: +0.0% (Total; abs-regional-population-lga).
• Ballina, NSW: +0.0% (Total; abs-regional-population-lga).
• Balranald, NSW: +0.0% (Total; abs-regional-population-lga).
• Bathurst Regional, NSW: +0.0% (Total; abs-regional-population-lga).
• Bayside, NSW: +0.0% (Total; abs-regional-population-lga).
• Bega Valley, NSW: +0.0% (Total; abs-regional-population-lga).
• Bellingen, NSW: +0.0% (Total; abs-regional-population-lga).
• Berrigan, NSW: +0.0% (Total; abs-regional-population-lga).
• Blacktown, NSW: +0.0% (Total; abs-regional-population-lga).
• Bland, NSW: +0.0% (Total; abs-regional-population-lga).
• Blayney, NSW: +0.0% (Total; abs-regional-population-lga).
• Blue Mountains, NSW: +0.0% (Total; abs-regional-population-lga).
• Bourke, NSW: +0.0% (Total; abs-regional-population-lga).
• Broken Hill, NSW: +0.0% (Total; abs-regional-population-lga).
• Burwood, NSW: +0.0% (Total; abs-regional-population-lga).

Approval momentum

Largest measured market movements visible in APRIQ for June quarter 2026. These are evidence flags, not investment rankings.

Extreme percentage movements were withheld by the publication sanity gate pending denominator and sample review.

Quarter in brief

The defining residential story of the June quarter was tighter monetary policy against persistent housing-related inflation, while authoritative dwelling-value data still showed large state-level gains entering the quarter.

What happened during the quarter

Material developments that were published during the quarter:

• The Monetary Policy Board increased the cash rate target by 25 basis points to 4.35% on 5 May 2026. — Reserve Bank of Australia.
• The May increase was the third cash-rate increase of 2026. — Reserve Bank of Australia.
• The RBA left the cash rate target unchanged at 4.35% on 16 June 2026. — Reserve Bank of Australia.
• The cash rate had risen by 75 basis points since the beginning of 2026. — Reserve Bank of Australia.
• Annual CPI inflation was 4.2% in April 2026, down from 4.6% in March. — Australian Bureau of Statistics.
• Housing was the largest contributor to annual inflation, rising 6.3%. — Australian Bureau of Statistics.
• Annual CPI inflation eased to 4.0% in May 2026. — Australian Bureau of Statistics.
• Housing CPI was 6.5% higher over the year and trimmed mean inflation was 3.6%. — Australian Bureau of Statistics.
• The total value of Australian residential dwellings reached $12.773 trillion in the March quarter 2026, up $315.9 billion over the quarter. — Australian Bureau of Statistics.
• The mean dwelling price rose to $1.111 million. — Australian Bureau of Statistics.
• Queensland dwelling-stock value rose 5.2% and Western Australia 7.5% over the quarter. — Australian Bureau of Statistics.

Rates & borrowing capacity

Mortgage rates and serviceability are central drivers of residential purchasing power.

Sets the quarter-end mortgage-rate backdrop.

• The Monetary Policy Board increased the cash rate target by 25 basis points to 4.35% on 5 May 2026. — Reserve Bank of Australia.
• The May increase was the third cash-rate increase of 2026. — Reserve Bank of Australia.
• The RBA left the cash rate target unchanged at 4.35% on 16 June 2026. — Reserve Bank of Australia.
• The cash rate had risen by 75 basis points since the beginning of 2026. — Reserve Bank of Australia.

Inflation & household costs

High inflation constrained real household purchasing power and informed the RBA's tighter policy setting.

Shows inflation easing at the headline level while housing-related cost pressure remained strong.

• Annual CPI inflation was 4.2% in April 2026, down from 4.6% in March. — Australian Bureau of Statistics.
• Housing was the largest contributor to annual inflation, rising 6.3%. — Australian Bureau of Statistics.
• Annual CPI inflation eased to 4.0% in May 2026. — Australian Bureau of Statistics.
• Housing CPI was 6.5% higher over the year and trimmed mean inflation was 3.6%. — Australian Bureau of Statistics.

Values

Provides authoritative national and state-level residential value context available during Q2.

• The total value of Australian residential dwellings reached $12.773 trillion in the March quarter 2026, up $315.9 billion over the quarter. — Australian Bureau of Statistics.
• The mean dwelling price rose to $1.111 million. — Australian Bureau of Statistics.
• Queensland dwelling-stock value rose 5.2% and Western Australia 7.5% over the quarter. — Australian Bureau of Statistics.

Sources used for this retrospective

5 first-party or official evidence records contributed 11 concrete factual observations to this residential review.

• Reserve Bank of Australia: RBA raised the cash rate to 4.35% (5 May 2026). https://www.rba.gov.au/media-releases/2026/mr-26-12.html
• Reserve Bank of Australia: RBA held the cash rate at 4.35% (16 June 2026). https://www.rba.gov.au/media-releases/2026/mr-26-15.html
• Australian Bureau of Statistics: Annual CPI was 4.2% in April (27 May 2026). https://www.abs.gov.au/media-centre/media-releases/cpi-rose-42-year-april-2026
• Australian Bureau of Statistics: Annual CPI eased to 4.0% in May (24 June 2026). https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/consumer-price-index-australia/may-2026
• Australian Bureau of Statistics: Australian dwelling stock reached $12.77 trillion (9 June 2026). https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/total-value-dwellings/latest-release

Market Forces — demand, supply and response

No retained Market Forces driver change with a qualifying known-at date is available for this quarter yet. Missing driver evidence is not converted into a flat or unchanged signal.