r/AusMoneyMates • • 15d ago

Australian house prices have fallen for six months in a row

https://www.abc.net.au/news/2026-10-01/australian-house-prices-fall-for-sixth-straight-month/107206782

House prices dropped another 1.1% in September, bringing the total decline to 5.2% from the March peak. Sydney fell 1.4% and Melbourne 0.7%, while experts are warning that further falls could follow as higher interest rates continue to affect borrowing capacity. Is this finally making Australian housing more affordable, or is it creating a different set of problems for homeowners and the economy?

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