Articles by Tim Lawless

Adelaide spent most of this cycle as the market that refused to break. That ended decisively in September. Values fell 1.3%, the fourth consecutive monthly decline, and 94% of Adelaide suburbs recorded a drop over the September quarter. The speed of the turn is what stands out. Adelaide set a record high in May this…

Perth presents the strangest set of numbers in the country right now. Values fell 1.2% in September, the fifth consecutive monthly decline and the fourth straight month of losses exceeding 1%. Since peaking in April, the market has shed 6%, taking roughly $62,000 off the median property value. And yet Perth is still up 10.1%…

Sydney’s correction has now cost the median homeowner roughly $112,000. September delivered another 1.4% fall, capping a September quarter in which values dropped 4.9% and leaving the market 8.6% below the record high set in February. Eight months ago Sydney was at a peak. It has given up more than eight percent of its value…

For the first time in nearly a year, Melbourne has something that could cautiously be described as good news. Values fell 0.7% in September, the tenth consecutive monthly decline, but also the smallest monthly fall since March. That matters because Melbourne has spent this entire cycle as the market with no bottom in sight. Ten…

Australia’s housing downturn has stopped sparing anyone. Cotality’s National House Price Index fell 1.1% in September 2026, the sixth consecutive monthly decline, bringing the cumulative drop since March to 5.2%. Every capital city except Darwin recorded a fall over the September quarter, and 97% of capital city suburbs saw values decline across those three months….