Australia’s economy expanded by 0.4% in the June quarter, with spending growth driven by record sales of imported electric vehicles. For the year to June, gross domestic product (GDP) grew by 2.1%, according to the Australian Bureau of Statistics, slightly stronger than market expectations. The bureau noted overall growth remained subdued, with spending growth and…
SQM Research’s Weekly Asking Prices Index for the week ending 1 September 2026 showed relatively subdued monthly price movements nationally, while annual growth remained positive. Nationally, house asking prices eased 0.1% over the month, while unit asking prices increased 0.2%. Combined dwelling asking prices declined 0.1% month-on-month and remain 5.0% higher year-on-year. Sydney combined asking…
Australia’s housing market has clearly entered a downturn, and prices are likely to fall further in some markets. Higher interest rates have reduced borrowing capacity, confidence has weakened and the Federal Budget has changed the investment equation for established residential property. Sydney and Melbourne are already recording meaningful declines, transaction volumes have fallen sharply and…
Cotality’s national Home Value Index fell 0.9% in August, marking a fifth consecutive month of decline and taking national home values 3.6% below the market peak recorded in March. The downturn is becoming more widespread, with 93% of capital city suburbs recording a value decline through winter. Every month, investors, homeowners, and would-be buyers turn…
Australian home prices fell for a fifth consecutive month in August, according to the latest PropTrack Home Price Index Report, as higher interest rates continued to weigh on borrowing capacities and housing demand. Data shows that national home prices declined 0.2% over the month and are now 2.7% below their March 2026 peak. Despite the…
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…
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…
