Australian Property News

Australian Property Market Faces Significant Downturn

By Ravs Realtors · 1 October 2026 · 1 min read · Source: Sg
Photo: pellethepoet / flickr · CC BY 2.0

National property values decreased by 1.1% in September 2026, marking the sixth consecutive monthly fall and bringing cumulative declines to 5.2% below the March peak. Melbourne values are down 7.2% since November.

A continued downturn could create opportunities for buyers and investors in Melbourne's western growth corridor, potentially leading to more favourable purchasing conditions as market pressures ease and prices adjust.

Summarised by Ravs Realtors from reporting by Sg.

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