Something unusual is happening in Victoria’s rental market, and it has no historical precedent in over two decades of recorded data. For the first time since the Residential Tenancies Bond Authority began tracking bond lodgements, more rental bonds are being refunded than lodged. Put simply, rental properties are leaving the market faster than they’re entering…
There’s a saying in property circles that you make your money on a piece of real estate when you buy it. The gist of this is, that if you can negotiate really well and buy the property at the right time in the cycle, you’ll instantly manufacture some profits. This myth has caused people to…
![Adelaide housing market update [video] | June 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/04/adelaide-270x200.jpg)
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…
![Perth housing market update [video] | June 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/03/Perth-city-270x200.jpeg)
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…
There is a line doing the rounds in overseas journals and podcasts about the death of the first-time home buyer. In Australia, I would not call it death just yet. But it is certainly prolonged suffocation. The desire is still there. The aspiration is still there. The cultural pull of owning your own home remains…
There is more conflicting information about property right now than at almost any point I can remember. Turn on the news and you will find someone warning that prices are about to fall. Scroll a little further and you will find someone else forecasting another year of growth. Somewhere in the middle of all that…
You can spend all day debating interest rates, immigration, building approvals, auction clearance rates and what the RBA might do next. But if you want to understand what really drives capital growth in the medium term, you need to look past the property headlines and follow the money. And in a city or region, money…
![Sydney housing market update [video] | June 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/11/sydney4-270x200.jpg)
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 housing market update [video] | June 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/melbourne-1-270x200.jpg)
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…
