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High-end property hit by steepest price falls as affordable end of Australia’s housing market proves resilient

High-end property hit by steepest price falls as affordable end of Australia’s housing market proves resilient

09.09.2026 17:01 | The Guardian World

Despite falls in some parts of the market, prices are showing signs of stabilising as investors exit and first-time buyers move in, analysts sayGet our breaking news email, free app or daily news podcastHigh-end homes are recording steep price falls, while more affordable properties are proving resilient, leaving Australians to experience the market downturn in very different ways, new data shows.Upper-quartile house values in the country’s two biggest markets, Sydney and Melbourne, are now down more than 10% from their peaks, according to analysis from Cotality. Continue reading...

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