Australian house prices drop for sixth straight month with falls of up to 15 per cent expected
Australian house prices fell for a sixth straight month in September, and experts say the property market could experience falls of up to 15 per cent in the coming months off the back of higher interest rates and cuts to housing tax breaks.
Cotality's Home Value Index fell 1.1 per cent in September taking cumulative declines to 5.2 per cent below March's peak.
Brisbane saw the sharpest monthly drop among capitals (-1.5 per cent), while Sydney saw a 1.4 per cent fall and Melbourne was down 0.7 per cent.
Darwin (+0.4 per cent) was the only housing market to avoid a fall.
Across the capitals, 97 per cent of suburbs recorded value declines over the past three months, which Cotality's research director Tim Lawless said showed the broad-based scope of the negative housing cycle.
https://www.abc.net.au/news/2026-10-01/australian-house-prices-fall-for-sixth-st...Perpetually building Super-Duper AI data centres and the energy and water infrastructure required to support it, will drive up and up inflation, driving up interest rates with it.
Is it now the time to cut and run from the debt ridden property market ?