Australian Property News

Capital City Unit Prices Also Experience Decline

By Ravs Realtors · 31 August 2026 · 1 min read · Source: Property Update
Photo: dbking / flickr · CC BY 2.0

National capital city unit prices decreased by 1.1% over the August quarter. Despite this recent quarterly fall, unit prices have still increased by 2.2% compared to the same period in August 2025.

For investors and buyers in Melbourne's western growth corridor, this suggests that while the unit market is experiencing a short-term dip, it retains underlying strength. Units could offer a more accessible entry point compared to houses.

Summarised by Ravs Realtors from reporting by Property Update.

← All insights

More in Australian Property News

8 October 2026 · 1 min read · via MPA Magazine

REA Group Foresees Deeper Market Correction and Two-Speed Market

REA Group's CEO warns of continued property price falls due to high interest rates and tax changes, noting a 'two-speed market' with Sydney and Melbourne lagging.

Read
8 October 2026 · 1 min read · via Au

NAB Revises Down Housing Price Forecast Amidst Market Downturn

NAB has updated its property market forecast, now predicting an 8% decline in capital city dwelling prices for 2026, with a total peak-to-trough fall of 11%.

Read
7 October 2026 · 1 min read · via Australianpropertyupdate

Apartment Prices Predicted to Surge 20% by Decade's End

CBRE forecasts a 20% rise in Australian apartment values by 2030, driven by strong migrant buyer demand and a significant drop in new supply.

Read

Thinking of buying or selling? Talk to Rav.

Get in touch