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.

← All insights

More in Australian Property News

30 September 2026 · 1 min read · via Savings

Melbourne Property Values Decline, Selling Times Lengthen in August

Melbourne dwelling values fell 1.1% in August 2026, with properties taking longer to sell, indicating easing buyer urgency.

Read
29 September 2026 · 1 min read · via Macrobusiness

Australia's Housing Market Reaches a Tipping Point Amid Rate Hikes

Australia's housing market faces its most significant decline in over 40 years, driven by RBA rate hikes and reduced borrowing capacity.

Read
29 September 2026 · 1 min read · via Taxesforexpats

Capital City Property Values and Auction Rates Continue to Soften

Australian capital city dwelling values fell 1.1% last month, with auction clearance rates dropping to a ten-week low of 50.3%.

Read

Thinking of buying or selling? Talk to Rav.

Get in touch
National Capital City House and Unit Prices See Further Declines | Ravs Insights