Home auction markets have continued to report generally subdued results into the middle of the spring selling season – although some capitals recorded higher clearance rates over the past week. Weekly Auction Results to Saturday, October 17th 2026 Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney…
![Perth housing market update [video] | October 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/03/Perth-city-270x200.jpeg)
Perth presents the strangest set of numbers in the country right now. Values fell 1.2% in September, the fifth consecutive monthly decline and the fourth straight month of losses exceeding 1%. Since peaking in April, the market has shed 6%, taking roughly $62,000 off the median property value. And yet Perth is still up 10.1%…
![Brisbane housing market update [video] | October 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/brisbane-270x200.jpg)
Brisbane has done something this month that would have been unthinkable a year ago: it recorded the steepest monthly price fall of any Australian capital city. Values dropped 1.5% in September, edging past Sydney’s 1.4% decline and taking the market 5.4% below its May peak. That decline has effectively erased ten months of gains. Brisbane…
Australia’s spring property market has failed to gain its usua momentum, with home sales down more than 20% compared with the same period last year, properties taking longer to sell and capital city vendors accepting their largest discounts in five years. Cotality’s October Housing Chart Pack shows an estimated 39,747 homes sold nationally in September,…
![Sydney housing market update [video] | October 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/11/sydney4-270x200.jpg)
Sydney’s correction has now cost the median homeowner roughly $112,000. September delivered another 1.4% fall, capping a September quarter in which values dropped 4.9% and leaving the market 8.6% below the record high set in February. Eight months ago Sydney was at a peak. It has given up more than eight percent of its value…
![Melbourne housing market update [video] | October 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/melbourne-1-270x200.jpg)
For the first time in nearly a year, Melbourne has something that could cautiously be described as good news. Values fell 0.7% in September, the tenth consecutive monthly decline, but also the smallest monthly fall since March. That matters because Melbourne has spent this entire cycle as the market with no bottom in sight. Ten…
SQM Research released its latest data on residential property vacancy rates and advertised rents for September 2026. Australia’s national residential vacancy rate increased to 1.4% in September 2026, up from 1.3% in August. The total number of residential vacancies rose to 42,290 dwellings, compared with 41,039 the previous month. Compared with September 2025, when the national…
Australia’s housing downturn has stopped sparing anyone. Cotality’s National House Price Index fell 1.1% in September 2026, the sixth consecutive monthly decline, bringing the cumulative drop since March to 5.2%. Every capital city except Darwin recorded a fall over the September quarter, and 97% of capital city suburbs saw values decline across those three months….
Australia’s property markets are continuing to lose momentum, with dwelling values declining and the traditional spring selling season failing to deliver its usual lift in activity. To help keep you up-to-date with all that’s happening, below is my updated weekly analysis of data and charts as of 12th October 2026, provided by SQM Research, Cotality,…
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. Boy has that conversation has changed. Capital city dwelling values fell 1.1% over the past month and are now 1% lower than a…
