Australian Property Market News

June 4, 2026

Supply Surges, Asking Prices Stall as Housing Market Reaches Turning Point | Latest SQM Listing Data

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SQM Research’s Weekly Asking Prices Index for the week ending 26 May 2026 showed prices stalling nationally, with the major capital cities now in monthly decline. Nationally, house asking prices were unchanged over the month, while unit asking prices increased 0.7%. Combined dwelling asking prices rose a marginal 0.1%, leaving prices 10.4% higher year-on-year. However,…

June 3, 2026

The latest median property prices in Australia’s major cities

Latest, Michael Yardney's Commentary, Property Market News, Weekly Latest

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….

June 1, 2026

National home prices held essentially flat in May | Latest PropTrack Home Price Index

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After a remarkable run-up in property values over recent years, Australia’s housing market is showing clear signs of moderation Home prices nationally were flat in May, after a modest decline in April, according to the latest PropTrack data. Home price growth has clearly stalled as the effects of this year’s consecutive rate hikes flow through….

June 1, 2026

National values flatline in May as housing markets face stronger headwinds

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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….

May 30, 2026

Home Prices Now Falling Following Rate Rises | Latest stats from Dr. Andrew Wilson

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Capital city home prices have generally fallen over May reflecting the impact on affordability and confidence of this year’s three consecutive increases in official interest rates. The national capital city median house price fell by 0.8% over the May quarter to $1,287,476 compared to the April quarter, according to the latest data from My Housing…

May 29, 2026

Auction Market Sends Warning Signal Ahead of Crucial Saturday Test – new data reveals

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Australia’s property market may not be heading for a dramatic downturn, but the latest auction results are a timely reminder that higher interest rates, affordability pressures and shifting buyer sentiment are beginning to reshape market dynamics. According to Domain, auction clearance rates over the past five weeks are at levels not seen since the 2022…

May 28, 2026

Westpac Has Revised Its Housing Forecasts – Here’s What It Means for Property Investors

Latest, Michael Yardney's Commentary, Property Market News, Weekly Latest

The Federal budget on May 12 changed the rules for property investors in ways that most people are still working through, and Westpac’s economics team has now put some concrete numbers around the likely market impact. If you’ve been wondering how to think about the combination of the tax changes and rising interest rates, I’ll…

May 25, 2026

This week’s Australian Property Market Update – Latest Data, State by State May 26th 2026

Latest, Michael Yardney's Commentary, Property Market News

A lot has happened in a fortnight, and if you’ve been watching the headlines, you could be forgiven for feeling like the ground has shifted beneath the property market. The RBA had already raised rates three times this year, taking the cash rate back to 4.35% – effectively unwinding every cut made in 2025. Two…

May 24, 2026

Adelaide housing market update [video] | June 2026

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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…

May 23, 2026

Perth housing market update [video] | June 2026

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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…

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