In a development likely anticipated by many navigating Australia's housing market, the cumulative worth of residential properties in the country has soared to a new pinnacle of $11 trillion.

Data from CoreLogic reveals that this historic valuation was attained following a $900 billion surge over the past year alone. Notably, investors constitute a substantial segment of the robust demand, accounting for 38.6% of fresh home loans—a level not seen in seven years.

“The increase in available stock is also providing more opportunities for investors to enter the market, which wasn’t the case during last year’s constrained conditions,” she said.

“However, this trend could intensify competition for other buyer groups, such as first-home buyers, who remain active in the market. This increased investor activity could place further pressure on already limited supply levels, particularly in capital cities.”

Nevertheless, the market is softening in some places: national home values rose by just 1% in the September quarter, the lowest rise since March last year. Ezzy also added that the annual growth rate has slowed to 6.7% from a high of 9.7% earlier in the year, which was “indicative of a cooling market”.

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