EconomyAustralia’s housing prices are trending down. See which suburbs have had the biggest falls

Cotality data shows home prices fell across most Australian capital cities over winter, with Sydney recording the sharpest decline. Higher interest rates and less favourable investor tax settings are driving a rare correction, although some values in Brisbane, Perth and Darwin remain more than 10% higher than a year ago.

Australia housinghouse pricesSydneyinterest rates

TThe Guardian★★★☆☆2026-09-04 15:00Original