Invest
Property values take a dive in all major cities
Fresh data shows property price drops across all major capital cities last week, keeping with trends of the previous 12 months.
Property values take a dive in all major cities
Fresh data shows property price drops across all major capital cities last week, keeping with trends of the previous 12 months.

Perth was the deepest at -0.3 of a percentage point, followed by Melbourne at -0.2 of a percentage point and then all of Sydney, Brisbane and Adelaide at -0.1 of a percentage point, according to figures from CoreLogic.
The combined weekly change was -0.1 of a percentage point for the week ending 7 October 2018.
The combined monthly change was -0.6 of a percentage point.
Listings fell again week on week, with Perth and Sydney taking the most flak at -8.4 per cent and -8.9 per cent, respectively. Darwin, Canberra and Hobart stemmed the tide though, with Darwin performing remarkably well with an 18.1 per cent increase in listings.

Houses have remained perennially more popular than units, and the average time on market held firm. Canberra, Hobart and Melbourne performed the best for houses again last week at 26 days, 30 days and 33 days, respectively.
For units, Hobart, Melbourne and Sydney were on top for best days on market once again at 24 days, 33 days and 43 days, respectively.
Vendor discounting across most capital cities was between 5.0 per cent and 6.4 per cent for houses, and between 5.7 per cent and 6.5 per cent for units.
Canberra was the low-end exception for houses and units at 2.6 per cent and 3.0 per cent, respectively.
Perth was the high-end exception for houses at 8.0 per cent while Darwin was the high-end exception for units at 9.7 per cent.
What's the outlook?
Although Australia has now recorded a full year of price drops, for CoreLogic, it's "not all doom and gloom".
CoreLogic research director Tim Lawless recently said there would need to be a “material about face” in labour market conditions or a significant interest rate rise for property values to plummet.
“If we look at the current downturn in Australian housing, the trajectory is actually quite unremarkable,” Mr Lawless said.
“Australia’s largest housing market, Sydney, has seen values fall by 5.6 per cent since peaking in July last year; a trajectory that is straight down the middle of previous downturns.
“During the GFC, Sydney dwelling values fell by 7 per cent in the space of 12 months, and the downturn before that, in 2003 to 2006, saw values fall 7.1 per cent over the same number of months.
“Even in markets where values have been falling consistently for more than four years on the back of material weakening in economic and demographic conditions, we haven’t seen values fall anywhere near 40 per cent.”

Property
First‑home buyers now anchor Australia’s mortgage growth — but the risk maths is changing
Great Southern Bank’s revelation that nearly one in three of its new mortgages went to first‑home buyers is not an outlier. It is the leading edge of a broader market realignment powered by government ...Read more

Property
Home guarantee scheme shake-up challenges Australia’s housing market players
From 1 October 2025, the expanded Home Guarantee Scheme (HGS) materially widens what first-home buyers can purchase and where. By sharply lifting price caps and relaxing eligibility settings, the ...Read more

Property
GSB’s first‑home buyer play: turning policy tailwinds into market share
Great Southern Bank’s latest results show that nearly one in three of its new mortgages now go to first‑home buyers—evidence of a fast‑moving market reshaped by government guarantees, easing rates and ...Read more

Property
Why investors are fleeing and renters are scrambling in Australia's housing maze
Australia’s rental market is tightening even as individual landlords sell down. New data points to a multi‑year investor retreat tied to higher holding costs and regulatory uncertainty, while prices ...Read more

Property
Australia's 5% deposit guarantee: Unlocking gains while balancing risks in the market share race
Can a bigger government guarantee fix housing access without fuelling prices? Australia is about to find out. The Albanese government’s expanded 5% deposit pathway aims to help 70,000 buyers, remove ...Read more

Property
Australia's bold move the 5% deposit scheme shaking up the housing market
Can a government guarantee replace lenders mortgage insurance without inflating prices or risk? Canberra’s accelerated 5% deposit scheme is a bold demand-side nudge in a supply‑constrained marketRead more

Property
When rates drop but stress sticks: exploring Australia's mortgage arrears dilemma
Headline numbers suggest arrears ease as rates come down. The reality in Australia is messier: broad measures dipped into mid‑2025, yet severe delinquencies and non‑bank portfolios remain under ...Read more

Property
Property advice goes rogue as risks and opportunities knock on every door
A warning from the Property Investors Council of Australia has put a spotlight on the surge of unlicensed financial advice around property strategies. This is no niche compliance issue—it’s a ...Read more

Property
First‑home buyers now anchor Australia’s mortgage growth — but the risk maths is changing
Great Southern Bank’s revelation that nearly one in three of its new mortgages went to first‑home buyers is not an outlier. It is the leading edge of a broader market realignment powered by government ...Read more

Property
Home guarantee scheme shake-up challenges Australia’s housing market players
From 1 October 2025, the expanded Home Guarantee Scheme (HGS) materially widens what first-home buyers can purchase and where. By sharply lifting price caps and relaxing eligibility settings, the ...Read more

Property
GSB’s first‑home buyer play: turning policy tailwinds into market share
Great Southern Bank’s latest results show that nearly one in three of its new mortgages now go to first‑home buyers—evidence of a fast‑moving market reshaped by government guarantees, easing rates and ...Read more

Property
Why investors are fleeing and renters are scrambling in Australia's housing maze
Australia’s rental market is tightening even as individual landlords sell down. New data points to a multi‑year investor retreat tied to higher holding costs and regulatory uncertainty, while prices ...Read more

Property
Australia's 5% deposit guarantee: Unlocking gains while balancing risks in the market share race
Can a bigger government guarantee fix housing access without fuelling prices? Australia is about to find out. The Albanese government’s expanded 5% deposit pathway aims to help 70,000 buyers, remove ...Read more

Property
Australia's bold move the 5% deposit scheme shaking up the housing market
Can a government guarantee replace lenders mortgage insurance without inflating prices or risk? Canberra’s accelerated 5% deposit scheme is a bold demand-side nudge in a supply‑constrained marketRead more

Property
When rates drop but stress sticks: exploring Australia's mortgage arrears dilemma
Headline numbers suggest arrears ease as rates come down. The reality in Australia is messier: broad measures dipped into mid‑2025, yet severe delinquencies and non‑bank portfolios remain under ...Read more

Property
Property advice goes rogue as risks and opportunities knock on every door
A warning from the Property Investors Council of Australia has put a spotlight on the surge of unlicensed financial advice around property strategies. This is no niche compliance issue—it’s a ...Read more