Uploaded August 2026 | Updated September 2026, 3 weeks ago
The prices of homes in almost all Australian capital cities have gone down for the fifth month in a row, creating opportunities for buyers.
Cotality’s home value index decreased by 0.9 per cent in August with a median property costing $912,885, the data firm reported on Tuesday.
Roughly 93 per cent of suburbs across Australia had a drop in value. The only capital city with a rise in prices was Darwin, at 0.6 per cent, though the median value remains the cheapest in the nation at $647,000. #housing #housingcrisis #housingmarket #homes #property
The prices of homes in almost all Australian capital cities have gone down for the fifth month in a row, creating opportunities for buyers.
Cotality’s home value index decreased by 0.9 per cent in August with a median property costing $912,885, the data firm reported on Tuesday.
Roughly 93 per cent of suburbs across Australia had a drop in value. The only capital city with a rise in prices was Darwin, at 0.6 per cent, though the median value remains the cheapest in the nation at $647,000. #housing #housingcrisis #housingmarket #homes #property
