House prices tipped to fall another 8 to 11 per cent over next year
Property experts forecast prices will drop 8 to 11 per cent more before recovery begins in September 2027.
Australian house prices are already down 5.2 per cent since March and are set to keep falling, a survey of 384 real estate experts found. Prices won't only start to recover until September 2027.
In Sydney and Melbourne, an 11 per cent dip would take homes back to early 2021 levels. Interest rate fears and confusion over tax changes are holding buyers back, experts say.
The RBA's cash rate hit up to a 15-year high of 4.6 per cent, and more rises are possible. Victoria recorded the weakest property market strength score at 3.7 out of 10.
- 8 to 11 per cent
- Forecast price fall
- 5.2 per cent
- Prices already fallen since March
- 4.6 per cent
- RBA cash rate high
- 3.7 out of 10
- Victoria market strength score
Why it mattersBuyers waiting for prices to fall must plan for an extended downturn; investors need to factor in the uncertainty before recovery starts.
AustraliaMost Australian homeowners and buyers will see properties lose more value before any recovery; negative gearing curbs and new capital gains tax rules from July 2027 add uncertainty.
✓ Claims checked against the source and corrected before publish. checked 2 h ago
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