How ASX shares vs. property performed in June

We reveal the property price growth for each city and regional market and the top 5 gainers of the ASX 200.

A red house cut out leaning on a piggy bank.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Comparing shares vs. property in the final month of FY24, we saw ASX 200 shares outperform bricks and mortar in terms of asset price appreciation.

The S&P/ASX 200 Index (ASX: XJO) rose 0.85% in June. Meantime, the national median home value rose by 0.7%, according to CoreLogic data.

That was the 17th consecutive month of growth for the national median price.

The median house price rose 0.5%, and the median apartment price lifted 0.7% over the month. On the share market, some stocks outperformed by a mile, including an ASX energy share that skyrocketed 40%.

CoreLogic research director Tim Lawless said the national median had lifted between 0.5% and 0.8% every month since February.

Lawless commented:

The persistent growth comes despite an array of downside risks including high rates, cost of living pressures, affordability challenges and tight credit policy.

The housing market resilience comes back to tight supply levels which are keeping upwards pressure on values.

Last month, we saw the same growth patterns and the same dominant markets as we saw in May.

Perth, Adelaide, and Brisbane delivered the highest home value growth. Home price medians rose in June at 2%, 1.7%, and 2%, respectively.

Among the regional markets, regional Western Australia led the pack with 1.5% growth. Regional South Australia followed with 1.1% growth, then regional Queensland with 1%.

Shares vs. property price growth in June

Here's how shares vs. property performed in terms of house price and share price gains last month.

Property marketMedian house pricePrice growth12-month price growth
Sydney$1,466,4750.5%6.8%
Melbourne$948,879-0.3%1.2%
Brisbane$953,0281.1%15.2%
Adelaide$824,66916%15.1%
Perth$791,9262%23.7%
Hobart $691,339-0.2%-0.3%
Darwin $589,1660.6%3.1%
Canberra$986,4140.5%3.2%
Regional New South Wales$763,3640.3%4%
Regional Victoria$596,580-0.3%-0.4%
Regional Queensland$644,9871.1%12.3%
Regional South Australia$437,8541.2%11.4%
Regional Western Australia$532,1161.6%16.9%
Regional Tasmania$537,2850.7%0.2%
Regional Northern Territory$442,837-0.5%-2.9%
Source: CoreLogic

Top 5 risers of the ASX 200 last month

The ASX 200 lifted 0.85% in June.

According to CommSec data, these 5 ASX 200 shares were the top-performing stocks.

ASX 200 shareShare price growth
Strike Energy Ltd (ASX: STX)40%
Bapcor Ltd (ASX: BAP)21%
Pro Medicus Limited (ASX: PME)19.3%
Healius Ltd (ASX: HLS)18%
Insurance Australia Group Ltd (ASX: IAG)15.2%
Source: CommSec

Why did Strike Energy shares spark 40% higher?

Strike Energy released seven price-sensitive announcements in June.

Based on share price gains, the updates that most excited Strike Energy investors included a flow test update regarding the Walyering-7 well in the Perth Basin.

The company advised they'd commenced a production testing program, and moveable gas and condensate had been recovered from the completed zones within the well.

Investors also liked the news of a five-year $153 million development financing package.

Created with Highcharts 11.4.3Strike Energy PriceZoom1M3M6MYTD1Y5Y10YALLwww.fool.com.au

Should you invest $1,000 in Transurban Group right now?

Before you buy Transurban Group shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Transurban Group wasn't one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys...

See The 5 Stocks *Returns as of 30 April 2025

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Pro Medicus. The Motley Fool Australia has recommended Bapcor and Pro Medicus. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Market News

Person pretends to types on laptop drawn in sand.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a happy finish to the week for ASX shares this Friday.

Read more »

Three people in a corporate office pour over a tablet, ready to invest.
Broker Notes

Brokers name 3 ASX shares to buy today

Here's why brokers are feeling bullish about these three shares this week.

Read more »

A mature age woman with a groovy short haircut and glasses, sits at her computer, pen in hand thinking about information she is seeing on the screen.
Share Market News

ASX shares in April: 8 key takeaways according to Macquarie

Here are eight key takeaways from April, according to a new note from the broker.

Read more »

Woman looking at a phone with stock market bars in the background.
Share Market News

Market outlook: Should I 'sell in May and go away'?

May is the time to sell... If you believe in fairytales.

Read more »

Five young people sit in a row having fun and interacting with their mobile phones.
Share Gainers

5 ASX All Ords stocks rocketing higher this week

Investors sent these five ASX All Ords stocks soaring this week. But why?

Read more »

Frustrated stock trader screaming while looking at mobile phone, symbolising a falling share price.
Share Fallers

Why Block, Corporate Travel Management, Judo, and Zip shares are sinking today

These shares are missing out on the good times on Friday. But why?

Read more »

Overjoyed man celebrating success with yes gesture after getting some good news on mobile.
Share Gainers

Why Boss Energy, Capstone, Dimerix, and Platinum shares are storming higher today

These shares are having a good finish to the week. Let's find out why.

Read more »

A shocked man holding some documents in the living room.
Broker Notes

Macquarie's take on Judo Capital shares after suddenly falling 19% yesterday?

Judo Bank was the ASX's top-performing banking stock in 2024.

Read more »