05/08/2026
National home values just posted their steepest monthly fall since December 2022!!!
Down 0.7% in July, led by Sydney (-1.4%) and Melbourne (-1.2%). The pullback is broadening too, with Brisbane and Adelaide now in the red.
Premium properties are taking the biggest hit, down 3.2% over the past three months, while entry-level homes are holding steady.
If you’re planning a purchase or refinance, now’s a good time to check in on how shifting values affect your position.
Source: Cotality Home Value Index, 1 August 2026.