Australian Housing Market Forecast for Price Dips

The Australian housing market is anticipated to experience price declines of 2% to 8% across the nation over 2026 and 2027. This downturn is largely attributed to elevated interest rates and new property tax rules for investors.

For buyers and investors in Melbourne's western growth corridor, this forecast suggests a potential window for more affordable entry into the market. However, sellers should be prepared for a period of slower growth or slight value adjustments.