National Home Values Decline for Sixth Consecutive Month

CoreLogic's latest data reveals a consistent downturn in the Australian housing market, with national dwelling values falling by 1.1% in September. This extends the decline to six consecutive months, placing values 5.2% lower than their peak in March 2026.

For Melbourne's western growth corridor, this trend suggests a continued softening, potentially offering buyers more negotiation power and choice. Investors may find opportunities as prices moderate, but sellers might face longer selling periods.