Articles by Tim Lawless

Adelaide was among the last capitals to tip into decline, but the pace is now picking up. Home values fell 1.2% in October, the fifth consecutive monthly fall and the third month in a row where the decline has exceeded 1%. Since peaking, Adelaide values have dropped 4.4%, taking about $43,000 off the median. That…

Here is a number that puts Perth’s downturn in perspective: 68%. That is how much higher Perth home values remain compared with five years ago, even after six consecutive months of falls. The recent decline has nonetheless been sharp. Values dropped 1.7% in October and 5.7% over the quarter, leaving Perth 8.9% below its April…

Sydney home values fell another 1.6% in October, the eighth consecutive monthly decline, and the city now holds an uncomfortable title: the largest fall from peak of any capital. Values are 10.1% below their February 2026 high, and the annual change has slid to -9.4%. Perhaps more telling is the five-year view. Sydney values are…

While most of Australia’s big capitals are sliding quickly, Melbourne is easing down at a noticeably slower pace. Home values fell 0.8% in October, roughly half the rate of Sydney and well below Brisbane, Perth and Adelaide. That relative calm comes with an important caveat. Melbourne values remain 8.2% below their March 2022 record and…

Australia’s housing downturn has picked up speed. National home values fell another 1.2% in October, the seventh consecutive monthly decline, leaving Cotality’s national index 6.7% below its March peak. In dollar terms, roughly $63,000 has been shaved off the value of the average Australian home in a little over half a year. What makes this…