Adelaide’s housing market is still growing, but the pace of that growth is moderating at a quickening rate. Home values rose 0.5% in May 2026 — the smallest monthly gain recorded since June last year and a clear signal that the city’s exceptional run of momentum is coming off its peak. At its cyclical high…
The Perth property sector continues to outpace the rest of the country, with Cotality’s latest figures capturing a significant 1.5% jump in dwelling values throughout May. This monthly shift added roughly $15,100 to the local median house value. While the eastern seaboard grapples with compounding economic pressures and falling values, the WA capital maintains its…
Brisbane finds itself at an uncomfortable inflection point. Home values rose 0.9% in May 2026, and on paper that looks like a healthy result — but the number that matters more is the one it replaced. As recently as October last year, Brisbane was recording monthly growth of 2%. The May figure is less than…
Sydney’s housing market is firmly in a downswing, with home values falling 0.9% in May 2026 — the fifth month-on-month decline recorded in the past six months and a clear signal that the city’s correction is deepening rather than stabilising. Since reaching a cyclical peak in November last year, Sydney housing values have fallen 2.1%,…
The Australian housing market has entered a new phase of weakness, with Cotality’s National Home Value Index recording a 0% change in May 2026 — effectively stalling for the first time since the current cycle began. Sydney and Melbourne are leading the market into a clear downturn, with values now sitting measurably below their November…
Melbourne’s housing market is in a position unlike any other capital city in Australia. Home values fell 0.8% in May 2026, extending a correction that has now carried the market 3.2% below the record highs set in March 2022 — meaning Melbourne never fully recovered from its previous downturn before the current one began. The…
For investors, Australian housing is a low-yielding asset class. The gross yield measures annual rental income (before expenses) as a proportion of a property’s value. Across the combined capitals, the gross rental yield was tracking at 3.45% in May, a little higher for units at 4.47% and lower for houses at 3.12%. Gross yields tend…
Cotality’s national Home Value Index was flat in May, with the housing cycle continuing to weaken across most markets. Beneath the flat national result, Sydney and Melbourne are leading the downturn, with dwelling values falling by 0.9% and 0.8% respectively in May, to be 2.1% and 2.9% below their cyclical highs in November last year….
Cotality’s national home value index rose 0.3% in April, the slowest pace of growth since January 2025, just ahead of last year’s rate-cutting cycle. The national result was dragged lower by Sydney and Melbourne, where values fell 0.6% over the month. Sydney home values are now 1.0% below their November peak, while Melbourne values are…
Our housing markets are fragmenting. New analysis from Cotality shows that since October last year, properties with an estimated value below the 5% deposit guarantee scheme price caps have recorded stronger growth than higher priced homes. Over the first six months of the expanded scheme, homes with a value under the price caps have increased…