Homeowners are enjoying unprecedented financial gains, with resale profits reaching levels never seen before, according to Domain’s latest Profit and Loss Report.

For the first time in 15 years, over 90 per cent of house resales in every capital city turned a profit, highlighting the breadth of the country’s property boom.

In the second half of 2025 alone, 97.5 per cent of houses and 88.3 per cent of units sold across Australia made a gain, with median profits reaching $750,000 for Sydney houses, $580,000 for Brisbane houses, $325,000 for Brisbane units, $539,500 for Adelaide houses and $290,000 for Adelaide units. Perth houses delivered median profits of $528,000, while units returned $226,050.

Domain’s Chief of Research and Economics, Dr Nicola Powell, said the extraordinary gains were providing Australians with a “strong financial safety net.”

“The extraordinary capital growth in Australia’s property market is moving into homeowners’ pockets at unprecedented levels as more households turn a profit. As homeowners stay put for longer, they are seeing their equity build up over multiple price cycles.

“This widespread profitability has given many Australians a strong financial safety net and access to continue to ‘climb the ladder’, while providing a buffer against pressures such as rising interest rates and inflation,” Dr Powell said.

The report shows that profitability is not limited to prestige markets. Many family-oriented, middle-ring suburbs also recorded near-universal gains, demonstrating robust growth across all price points.

Sydney continued to lead the nation in equity levels, with annual median profits rising 11.1 per cent. In high-value markets such as the Eastern Suburbs, median house resale profits reached a staggering $2.77 million.

Brisbane, Perth and Adelaide were notable for their wealth expansion. Both Brisbane and Perth saw 99.5 per cent of house resales make a profit, while median profits climbed 22.9 per cent and 25.7 per cent respectively.

Adelaide followed closely, with 98.2 per cent of house resales profitable and median profits up 15.5 per cent. The gains in these cities reflect steady growth since 2021, supported by strong migration and limited housing supply.

By contrast, Melbourne, Canberra, Hobart and Darwin recorded slightly lower shares of profitable resales and median profits compared with four years ago. Canberra was the only capital city to record an annual decline in the proportion of profit-making resales, reflecting softer price growth.

Dr Powell warned that the record profits were widening the gap between established homeowners and first-time buyers.

“However, the sheer size of these profits is creating a wider gap between established owners and those attempting to enter the market, making it increasingly difficult for younger Australians to buy property without the support of intergenerational wealth.

“With record median profits in many of our cities and regions, the barrier to entry is increasingly defined by existing family equity, rather than individual savings alone,” she said.

The report underlines a property market dominated by entrenched equity, broad profitability and intergenerational advantages, shaping both opportunities and challenges for buyers, sellers and investors in the months ahead.