Australia’s property tax reforms were supposed to make housing more affordable, particularly for younger Australians struggling to get into the market. But new research suggests the changes may have created an unexpected political problem for the Federal Government, with a surprisingly large number of Australians now willing to vote for a party promising to reverse…
![Brisbane housing market update [video] | November 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/brisbane-270x200.jpg)
Brisbane has gone from leading Australia’s property boom to leading its downturn. Values fell 2% in October, the largest monthly drop of any capital, and are down 6.1% over the past three months. The decline is no longer confined to a handful of overheated pockets. Every suburb across the Brisbane capital region has recorded a…
There is no doubt that our housing markets are facing challenges from all directions, but clearly they have remained more resilient than the property pessimists had predicted. To better understand what’s happening, this monthly collection of charts from Cotality paints an interesting picture. According to Cotality, home values across Australia’s combined capital cities fell for the…
Capital city home rental markets have generally tightened over October with lower vacancy rates following the easing of rates reported over previous months. House and unit rents however remained relatively steady over the month. Darwin was the only capital to report higher house rents over the month – up by 3.3%. Hobart, Canberra and Sydney…
![Melbourne housing market update [video] | November 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/melbourne-1-270x200.jpg)
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…
![Sydney housing market update [video] | November 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/11/sydney4-270x200.jpg)
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…
Australia’s rental markets are tightening again, even though October’s asking rents offered tenants a little breathing space in several capitals. Meanwhile, another interest rate increase is adding to household pressures, with the Reserve Bank warning that inflation will take longer to return to target. Yet the weekend’s auction results were reasonably steady, and Melbourne once…
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…
Imagine putting your home on the market, rejecting an offer because you believe it’s worth more, and then discovering a few weeks later that you’re effectively prevented from advertising it at the lower price that you’re now prepared to accept. It sounds ridiculous, doesn’t it? Yet that’s precisely the situation some NSW property sellers could…
Early this year the conversation about Australian property was all about resilience, about how our markets kept climbing despite thirteen rate rises and a cost of living squeeze that refused to ease. Boy has that conversation has changed. Capital city dwelling values have fallen for seven months in a row. The downturn was initially led…
