EconomyBrisbane and Sydney hit hardest by falling house prices as 5.2% shaved from Australian property values

Cotality data shows home prices fell across most suburbs in Australia’s major cities in September, with Brisbane down 1.5% and Sydney down 1.4%. National prices are 5.2% below their March peak, while economists say higher rates and reduced borrowing capacity could drive a fall of at least 10%.

Australian housingBrisbaneSydneyinterest rates

TThe Guardian★★★☆☆2026-09-30 15:00Original