09/10/2026
Australian home values have fallen for the sixth month in a row.
Cotality’s latest Home Value Index shows national values fell 1.1% in September and 3.7% over the past three months, leaving prices 5.2% below their March peak.
Here’s what else is happening:
- Brisbane saw the biggest monthly fall at 1.5%, followed by Sydney at 1.4%.
- Darwin was the only capital city to record a rise.
- Homes are now taking an average of 39 days to sell, up from 23 days a year ago.
- Rents are still up 5.5% annually, although growth is starting to slow.
But falling property prices aren’t the whole story. Higher interest rates are also affecting how much buyers can borrow.
For example, a $1 million borrowing capacity at 5.25% would drop to around $913,200 at 6.25%. That’s $86,800 less to spend, a bigger impact than the recent fall in property values.
Thinking about buying, refinancing or finding out what you could borrow? Get in touch with Azura Financial via the link in our bio.
Source: Cotality Home Value Index, October 2026. Borrowing figures are illustrative only and assume a 3% serviceability buffer. General information only, not personal financial advice. Lending criteria, fees and charges apply.
