Home value declines spread sharply across Australia’s housing market through winter, with home values falling across 93% of capital city suburbs and every capital city except Darwin recording a decline over the past three months. Cotality’s national Home Value Index fell 0.9% in August, marking a fifth consecutive month of decline and taking national home…
Capital city home prices have continued to fall sharply over August with no sign yet of the usual pre-spring revival in activity. The national capital city median house price fell by 1.8% over the August quarter to $1,226,833 compared to the July quarter, according to the latest data from My Housing Market. The August result was…
Winter has ended with some positive signs, with auction listings and clearance rates rising in most capitals. Weekly Auction Results to Saturday, August 29th 2026 Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 726 62.2% 631 58.1% 1029 78.1% Melbourne 638 62.5% 570 60.2% 1022 75.3%…
Does it feel like your money isn’t working as hard as it used to? Costs are up, growth has stalled, and the “just wait and it’ll go up” strategy has gone quiet – you’re not imagining it. We may not be staring down a repeat of the 1970s, but we are living through the same…
If you only looked at today’s monthly housing costs, it would be easy to conclude that buying a home in Australia no longer makes financial sense. After all, new research from Compare the Market shows that in every Australian capital city except Darwin, renting is cheaper than buying, and in some cities the difference is…
As the weather starts to warm, green shoots typically begin to emerge in the property market. The spring and summer season historically sees vendor activity rise, with a surge in new listings and an increase in auction volumes following the winter lull, particularly in the southern states. This spring could prove to be cooler than…
Six months ago 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. That conversation has changed. Australia’s property downturn gathered sharp momentum in July, with Cotality’s national Home Value Index (HVI) falling 0.7% – the…
For most people who buy a home, a mortgage represents the single largest debt they will take on in their lives. But what happens if the market value of a property you’ve bought falls below the amount you still owe on your home loan? This situation is called “negative equity”. In Australia, decades of house…
Australia’s labour market is beginning to show clearer signs of cooling, with unemployment rising slightly, employment falling and wage growth remaining subdued. This matters because the Reserve Bank has repeatedly highlighted the strength of the labour market and the risk of persistent wage and services inflation when explaining its cautious approach to interest rates. The…
Australia’s property markets continue to cool, although the latest employment and wage figures suggest the Reserve Bank may have less reason to raise interest rates again in the near term. Cotality’s latest figures show combined capital city dwelling values fell 0.3% over the past week and 1.0% over the past month, although they remain 2.4%…
