18/08/2026
The property market has definitely cooled, but the latest numbers are showing something pretty interesting.
Sydney and Melbourne are still seeing prices fall, while Perth is sitting broadly flat.
But the big thing I’m watching?
The pace of those declines is starting to stabilise.
Now, that doesn’t mean we’re about to see prices suddenly take off again.
There’s still plenty putting pressure on buyers. Higher repayments, reduced borrowing power and general uncertainty are all playing a part.
But markets don’t usually send you a nice little notification saying, “Yes, we’ve officially hit the bottom. Time to buy.”
By the time everyone feels confident again, things can already be moving.
So if you’re thinking about buying, I wouldn’t be sitting around trying to perfectly time the market.
I’d be getting prepared.
Know what you can borrow. Understand what repayments actually look like. Get clear on your deposit and what options are available to you.
Then if the right property comes up, you can actually make a decision based on your numbers rather than scrambling around afterwards.
You don’t need to rush into buying.
But being ready when the opportunity comes up? That makes a massive difference.
