This week's lead
National median home price falls to $894,000
The national median dwelling value dropped to $894,000 last month, with every capital city except Darwin recording a decline. The fall reflects a broader softening across the market that has been building through winter.
Mortgage Prof. Aus
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Mortgage Prof. Aus
Property listings hit highest level in over a year
National housing stock for sale has climbed 22.8% above July 2025 levels, giving buyers more choice and easing upward pressure on asking prices. The increase in supply is outpacing buyer demand in most markets.
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Auction clearance rate stays below 50% nationally
Capital city auction volumes fell again, with the weighted average clearance rate now sitting 18 percentage points below where it was a year ago. The figures point to continued softness in buyer demand at auction despite steady listing numbers.
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Labor drafts fix for 'widow tax' in negative gearing overhaul
New draft legislation extends negative gearing protections to widows, divorcees and domestic violence survivors as part of the government's planned restriction of the tax concession to newly built homes from mid-2027. The change addresses concerns that the original reform unfairly penalised people forced to sell or restructure ownership.
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Record numbers of homeowners approaching loan default
A growing share of Australian mortgage holders have reached a level of financial strain described as a tipping point toward default, as repeated rate rises compound cost-of-living pressure. Analysts say the trend marks a new and more severe phase of mortgage stress nationally.
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