Australian Property News

Major Banks Downgrade Australian Property Price Forecasts for 2026-2027

By Ravs Realtors · 14 September 2026 · 1 min read · Source: Property Update
Photo: okchomeseller / flickr · CC BY 2.0

Major banks like ANZ, Westpac, and CBA have reduced their property price forecasts for 2026, with some predicting flat national dwelling prices. Sydney and Melbourne house prices are expected to fall through June 2027, contrasting with projected record highs in Perth, Adelaide, and Brisbane.

This divergence means Melbourne's western growth corridor might face continued price adjustments for houses. However, units could show more resilience, and the market may see a gradual recovery by mid-2027.

Summarised by Ravs Realtors from reporting by Property Update.

← All insights

More in Australian Property News

30 October 2026 · 1 min read · via Macrobusiness

Melbourne Property Becomes Relatively More Affordable, Ending Exodus

Melbourne's median house prices and rents are now more favorable compared to other major capital cities, potentially halting a prior resident exodus.

Read
30 October 2026 · 1 min read · via realestate.com.au

Economists' Poll Reveals Surging Recession Fears in Australia

Economists increasingly fear a recession within six months, driven by persistent inflation and an anticipated RBA interest rate hike.

Read
29 October 2026 · 1 min read · via Brokernews

Australian New Home Sales Decline, Raising Supply Concerns

New data shows a sharp decline in Australian new home sales, prompting warnings of a potential future housing shortage.

Read

Thinking of buying or selling? Talk to Rav.

Get in touch