Property prices are plunging in almost every capital city across Australia – see how your suburb rates

Cotality data shows median house prices fell in September as interest rates hit borrowing capacity Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Housing prices are falling in almost every suburb in Australia’s biggest cities, with values dropping faster in Brisbane than Sydney as the slowdown intensifies. Prices nationally have fallen 5.2% from their peak in March to where they were a year ago, Cotality data released on Thursday shows.

What is happening The Guardian reports: Cotality data shows median house prices fell in September as interest rates hit borrowing capacity Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Housing prices are falling in almost every suburb in Australia’s biggest cities, with values dropping faster in Brisbane than Sydney as the slowdown intensifies. Prices nationally have fallen 5.2% from their peak in March to where they were a year ago, Cotality data released on Thursday shows. The problem The public problem in this report is the one named by the source: “Property prices are plunging in almost every capital city across Australia – see how your suburb rates”. A response on MLAIEL should not add a cause, a number, or a remedy the source does not state. Open the source for the detail. What a team can do on MLAIEL A team can read what the source says about the cost of living, prices, debt, or markets, then open a project for people who can respond. This is not financial advice, and it is not the jobs desk. The financial disclaimer on the page stays when the source is about prices, debt, or markets. Source The Guardian — Property prices are plunging in almost every capital city across Australia – see how your suburb rates https://www.theguardian.com/australia-news/2026/oct/01/brisbane-sydney-hit-hardest-by-falling-house-prices