KPMG Forecasts Continued Housing Market Weakness

National house prices are forecast to fall by 1.1% in 2026, while unit prices are expected to show more resilience with a 2.2% increase. Melbourne house prices are specifically projected to decline by 5.0% this year.

This forecast suggests that buyers in Melbourne's western growth corridor could see more favourable purchasing conditions in the short term. Investors might consider units for potentially more stable performance compared to detached houses.