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Home/Briefs/real estate

BriefApril 12, 2026 · 11:12 PM

Sydney and Melbourne Home Values Face 2026 Decline as Affordability Constraints Tighten

Sydney and Melbourne home values are forecast to fall 0.7% and 1.7% respectively in 2026. This revision follows a strong 2025, during which capital city values rose 8.5% on the PropTrack Home Price Index. ANZ economists lowered their housing expectations citing higher interest rates, weaker consumer confidence, and affordability constraints. Combined capital city price growth forecasts for 2026 have been reduced to 2.8% from an earlier forecast of 4.8%.

Knox Beckett

Real EstateProperty Market ForecastsAustralian Economy

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