{"id":875814,"date":"2026-09-01T04:50:10","date_gmt":"2026-09-01T04:50:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/875814\/"},"modified":"2026-09-01T04:50:10","modified_gmt":"2026-09-01T04:50:10","slug":"australias-buyers-market-pivot-is-real-with-one-huge-caveat","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/875814\/","title":{"rendered":"Australia’s buyer’s market pivot is real \u2013 with one huge caveat"},"content":{"rendered":"

Nearly every capital city recorded a fall, and the softening is spreading into regional markets too. But for brokers advising clients that now might be the moment to buy, one figure complicates the picture: approvals data show the supply side of the market is still barely moving.<\/p>\n

House prices fall<\/p>\n

Roughly 93% of Australian suburbs recorded a price fall in August. Sydney led the declines among the capitals, falling 1.4%, followed by Melbourne and Canberra, both down 1.1%, and Brisbane and Perth, down 1% and 0.8% respectively. Darwin was the only capital to record a rise, up 0.6%, though it retains the country’s cheapest median dwelling value at $647,000.<\/p>\n

<\/p>\n

Gerard Berg, Cotality’s head of research, said the pattern of decline typically starts in the most expensive suburbs before spreading outward. “We have seen a slower spread across the other parts of cities,” Berg said. In Sydney, some of the more affordable outer areas \u2013 including Camden, Penrith and the Blue Mountains \u2013 have so far posted the city’s strongest 12-month growth, a pattern Berg expects to shift as the downturn broadens into cheaper suburbs.<\/p>\n

Sydney slide outpacing the last major correction<\/p>\n

Sydney values are now 7.1% below their February peak \u2013 a pace of decline that has overtaken the 2022\u201323 correction, when the Reserve Bank of Australia<\/a> (RBA) lifted the cash rate by 425 basis points and national home values fell 6.6% peak-to-trough.<\/p>\n","protected":false},"excerpt":{"rendered":"Nearly every capital city recorded a fall, and the softening is spreading into regional markets too. But for…\n","protected":false},"author":2,"featured_media":875815,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,40138,10930,11152,44],"class_list":["post-875814","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-building-approvals","tag-house-prices","tag-housing-market","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/875814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=875814"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/875814\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/875815"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=875814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=875814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=875814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}