{"id":376571,"date":"2026-04-13T00:06:09","date_gmt":"2026-04-13T00:06:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/376571\/"},"modified":"2026-04-13T00:06:09","modified_gmt":"2026-04-13T00:06:09","slug":"sydney-melbourne-property-values-to-fall-in-2026-anz","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/376571\/","title":{"rendered":"Sydney, Melbourne property values to fall in 2026 – ANZ"},"content":{"rendered":"

More recent figures point to a cooling trend. National home prices lifted 0.3% in March, the slowest monthly rise since November 2024, aside from December.<\/p>\n

Even with momentum easing, values remain well above pre-pandemic levels. Home prices are about 45% higher than before the pandemic, and in Perth, Brisbane and Adelaide, values have roughly doubled over five years.<\/p>\n

ANZ\u2019s outlook suggests the market\u2019s divergence may narrow as affordability pressures<\/a> intensify. The bank expects Sydney and Melbourne to record falls of 0.7% and 1.7% in 2026, before outperforming in 2027.<\/p>\n

By contrast, growth in Perth, Brisbane and Adelaide is projected to slow markedly by 2027, to 1.5%, 1.4% and 0.2% respectively. That would be a material step down from 2025 outcomes of 12.8% in Perth, 14.6% in Brisbane and 17.2% in Adelaide.<\/p>\n


\n\t
\n\t\t
\n\t\t\tHome price growth forecasts: Australian capital cities
\n\t\t
\n\t\t
\n\t\t\tCity
\n\t\t\t2025
\n\t\t\t2026 forecast
\n\t\t\t2027 forecast
\n\t\t
\n\t\t
\n\t\t\tSydney
\n\t\t\t6.4%
\n\t\t\t-0.7%
\n\t\t\t2.6%
\n\t\t
\n\t\t
\n\t\t\tMelbourne
\n\t\t\t4.5%
\n\t\t\t-1.7%
\n\t\t\t2.9%
\n\t\t
\n\t\t
\n\t\t\tBrisbane
\n\t\t\t14.6%
\n\t\t\t9.7%
\n\t\t\t1.4%
\n\t\t
\n\t\t
\n\t\t\tAdelaide
\n\t\t\t12.8%
\n\t\t\t5.7%
\n\t\t\t0.2%
\n\t\t
\n\t\t
\n\t\t\tPerth
\n\t\t\t17.2%
\n\t\t\t12.3%
\n\t\t\t1.5%
\n\t\t
\n\t\t
\n\t\t\tHobart
\n\t\t\t7.8%
\n\t\t\t3.7%
\n\t\t\t0.6%
\n\t\t
\n\t\t
\n\t\t\tCanberra
\n\t\t\t4.2%
\n\t\t\t1.6%
\n\t\t\t0.5%
\n\t\t
\n\t\t
\n\t\t\tDarwin
\n\t\t\t14.5%
\n\t\t\t8.0%
\n\t\t\t2.6%
\n\t\t
\n\t\t
\n\t\t\tSource: ANZ
\n\t\t
\n\t <\/p>\n

\"Madeline\u201cSydney and Melbourne markets are showing signs of slowing, and we expect them to underperform in 2026,\u201d said ANZ economist Madeline Dunk. \u201cAdelaide, Brisbane, Perth, Hobart and Canberra are likely to underperform in 2027 after a period of strong growth across many of the \u2018smaller\u2019 capitals.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"More recent figures point to a cooling trend. National home prices lifted 0.3% in March, the slowest monthly…\n","protected":false},"author":2,"featured_media":376572,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,123,111,139,69,94044,1734],"class_list":{"0":"post-376571","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-melbourne","11":"tag-new-zealand","12":"tag-newzealand","13":"tag-nz","14":"tag-property-markets","15":"tag-sydney"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/376571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=376571"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/376571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/376572"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=376571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=376571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=376571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}