# High-end Australian homes suffer steepest falls as affordable market proves resilient

https://mins.news/en/item/51459

- The Guardian, 2026-09-09 14:01 UTC
- Economy
- Original: https://www.theguardian.com/australia-news/2026/sep/10/high-end-property-biggest-price-fall-housing-market-australia

> New data shows upper-quartile house values in Sydney and Melbourne have fallen by more than 10% from their peaks, while lower-priced properties have held up better. Analysts say the market is showing signs of stabilising as investors withdraw and first-time buyers and owner-occupiers return, although higher interest rates continue to weigh on housing.