Australian Property News

National Capital City House and Unit Prices See Further Declines

By Ravs Realtors · 30 September 2026 · 1 min read · Source: Domain
Photo: herr loeffler / flickr · Public Domain

National capital city median house prices dropped by 1.0% in the September quarter, reaching $1,212,850, marking the fifth consecutive decline. Unit prices also fell by 0.8% over the quarter but showed a slight annual increase.

This broader trend of falling prices across capital cities, including Melbourne, suggests a buyer's market in the western growth corridor, with units potentially offering a more resilient investment compared to houses.

Summarised by Ravs Realtors from reporting by Domain.

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