Australia’s migration boom is losing momentum, and that raises some important questions for our property markets. Migration has been a major driver of housing demand in recent years, particularly in our capital cities, where most new arrivals initially settle. However, the latest ABS figures confirm that the extraordinary post-pandemic surge is continuing to ease. At…
Australia’s property market continues to adjust, and the latest data reinforces something I’ve been saying for some time: there is no single Australian property market. One of the key developments this week was confirmation that the post-pandemic migration surge continues to ease. Net overseas migration fell to 292,100 in the year to March 2026, although…
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…
There’s something psychologically powerful about a suburb joining the “million-dollar club”. Crossing that seven-figure threshold attracts headlines and creates the impression that property values have permanently moved to a higher level. Yet property markets don’t move in straight lines, and the latest figures are just another reminder that median prices can move backwards. According to…
Most auction markets reported lower clearance rates from the usual surge in pre-Grand Final listings over the past week. Weekly Auction Results to Saturday, September 19th 2026 Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 796 54.0% 706 57.8% 1153 78.0% Melbourne 913 59.3% 768 64.2%…
![Adelaide housing market update [video] | September 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/04/adelaide-270x200.jpg)
Adelaide has recorded its third consecutive monthly decline, with values falling 0.8% in August and 1.6% across the three winter months. For a market that spent much of the past two years as one of the country’s most consistent performers, three months of continuous falls marks a definitive change in direction. The scale of what…
SQM Research released its August 2026 residential vacancy rate data together with its lat-est advertised rents data. Australia’s national residential vacancy rate held at 1.3% in August 2026, unchanged from July, with 41,039 residential vacancies recorded. Against August 2025 the picture is less static: vacan-cies are up by around 3,300 dwellings (8.7%) and the national…
![Perth housing market update [video] | September 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/03/Perth-city-270x200.jpeg)
Perth has now been falling for four consecutive months. August delivered a further 0.8% decline, leaving the market 3.2% below its April peak and taking $33,370 off the median dwelling value since the turn began. For a market that spent five years as the most spectacular performer in the country, that is a strange sentence…
Australia’s current housing downturn has ended the recent run of record resale results, with the share of profitable sales falling from a 21-year high and the median gain retreating from its March peak. Cotality’s latest Pain & Gain report analysed more than 94,000 residential resales in the June quarter, finding 95.4% delivered a nominal profit,…
![Brisbane housing market update [video] | September 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/brisbane-270x200.jpg)
Brisbane fell 1% in August — its third consecutive monthly decline, taking values 2.7% lower across the winter. But the number that reframes Brisbane’s position most sharply is a supply figure: advertised stock is now 51% higher than it was a year ago. Half again as many properties on the market as twelve months ago….
