Brisbane and Sydney hit hardest by falling house prices as 5.2% shaved from Australian property values
House prices in Australia are at the same point they were a year ago, the latest Cotality data shows. Photograph: Hollie Adams/ReutersView image in fullscreenHouse prices in Australia are at the same point they were a year ago, the latest Cotality data shows. The Queensland capital had seen prices surge 18% over the preceding 12 months.Sydney median values dropped 1.4% in the month and were down 8.6% from their record high in March, the equivalent of a $112,000 drop.
- ▪House prices in Australia are at the same point they were a year ago, the latest Cotality data shows.
- ▪Photograph: Hollie Adams/ReutersView image in fullscreenHouse prices in Australia are at the same point they were a year ago, the latest Cotality data shows.
- ▪The Queensland capital had seen prices surge 18% over the preceding 12 months.Sydney median values dropped 1.4% in the month and were down 8.6% from their record high in March, the equivalent of a $112,000 drop.
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| Canonical URL | https://www.theguardian.com/australia-news/2026/oct/01/brisbane-sydney-hit-hardest-by-falling-house-prices |
| Publication time | Wed, 30 Sep 2026 15:00:51 GMT |
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House prices in Australia are at the same point they were a year ago, the latest Cotality data shows. Photograph: Hollie Adams/ReutersView image in fullscreenHouse prices in Australia are at the same point they were a year ago, the latest Cotality data shows. Photograph: Hollie Adams/ReutersHousingBrisbane and Sydney hit hardest by falling house prices as 5.2% shaved from Australian property valuesCotality data shows median house prices fell in September as interest rates hit borrowing capacity Get our breaking news email, free app or daily news podcast Luca IttimaniWed 30 Sep 2026 11.00 EDTLast modified on Wed 30 Sep 2026 11.01 EDTSharePrefer the Guardian on GoogleHousing prices are falling in almost every suburb in Australia’s biggest cities, with values dropping faster in Brisbane than…
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