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EconomyAustralian house prices slide as Middle East conflict and tax changes take hold

Australia’s housing downturn is spreading beyond individual markets. New Cotality figures show prices falling in Brisbane, Adelaide and Perth. Values have declined across most of the country since May. The national median price is now about $19,000 below its peak in March, as the Middle East conflict and tax changes begin to weigh on the market.

Australia house pricesproperty marketMiddle East conflicttax changes

TThe Guardian★★★☆☆2026-08-02 14:01Original

Australian house prices slide as Middle East conflict and tax changes take hold
Australian house prices slide as Middle East conflict and tax changes take holdEconomy