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News
Is Melbourne housing primed for a rebound?
7+ hour, 40+ min ago (287+ words) Melbourne dwelling values have experienced zero growth over the past five years and have declined significantly this calendar year. This lack of growth relative to the rest of Australia has meant that Melbourne’s median house price is now tracking at…...
Brisbane house prices swing from boom to bust
2+ week, 6+ day ago (359+ words) The past six years have seen Brisbane dwelling values swing from being “affordable” at the start of the COVID-19 pandemic to the second-most expensive in the nation, following a 122% rise over the six years to March 2026. The contrast between Melbourne…...
Australia's house price downturn broadens and steepens
3+ week, 3+ day ago (382+ words) This week’s housing data showed that the nation’s housing downturn has both steepened and broadened. First, the latest Westpac-Melbourne Institute consumer sentiment survey revealed that house price expectations continued to fall in June, reflecting the actual value declines recorded across…...
Australia's housing correction broadens to more capital cities
1+ mon, 1+ week ago (202+ words) To date, Australia’s house price correction has been confined to the nation’s largest capital city markets – Sydney and Melbourne – where values have fallen by 3.0% (Sydney) and 3.6% (Melbourne) in 2026, according to Cotality. However, the latest daily dwelling values index results from…...
Australian home buyer demand collapses
1+ mon, 4+ week ago (298+ words) Australia’s housing market looks to be entering a major correction phase amid collapsing buyer demand. Last week’s final auction clearance rate plummeted to 47.3% across the combined capital cities, the second week in a row where the clearance rate was below…...
Melbourne is the real life GTA
2+ mon, 1+ day ago (461+ words) Jacqui Felgate, Melbourne’s 3AW Radio host, often posts videos on Instagram of the latest armed robberies, home invasions, and crimes across Melbourne. The stories are as regular as they are disturbing. They often involve masked teenagers carrying out assaults, burglaries, or…...
Will Australia's house price correction broaden beyond Sydney and Melbourne?
2+ mon, 1+ day ago (417+ words) According to Cotality’s daily dwelling values index, Perth, Brisbane, and Adelaide have so far avoided the house price corrections taking place in Sydney and Melbourne. PropTrack’s dwelling value results for May also show that these three cities have avoided falling,…...
More bad news for Sydney and Melbourne house prices
2+ mon, 5+ day ago (288+ words) Cotality’s dwelling values results for May confirmed that Sydney and Melbourne are experiencing price corrections, with values declining by more than 2% over the quarter: The latest auction results were abysmal for both markets, with Sydney’s average monthly clearance rate plunging…...
Sydney property faces accelerating downturn
2+ mon, 3+ week ago (370+ words) John McGrath, CEO of McGrath Estate Agents, says the Sydney property market is very quick to react to incentives, such as the extension last year of the 5% deposit guarantee scheme, or disincentives like the budget changes. He says the changes…...
Australian house prices hit 'Donut Day"
2+ mon, 3+ week ago (351+ words) After teetering for weeks, Cotality’s daily dwelling values index, which tracks home prices across the five major capital city markets, finally hit ‘donut day’ on Sunday. That is, the 5-city aggregate index recorded 0% growth over the past 28 days, as illustrated…...