Australian house prices drop slightly but remain significantly higher than decade ago
Australian house prices have fallen slightly but remain over twice as high as a decade ago. The median dwelling price dropped from $944,000 in March to $937,000 in June, while household income needed to pay off these homes has risen to over 17 years. Major banks predict further declines of 2-3% by year's.
How does this story land?
Summary by OZbrief Editorial · The Guardian Australia · Source
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 08 Jul 2026, 00:00 UTC · Updated 08 Jul 2026, 00:10 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia. Editorial policy · Corrections
Trending
- Breaking: Senior WA minister Paul Papalia set to resign, triggering by-election
- Lachie Perrem suffers severe burns after robotic vacuum explodes at home
- Pioneer of ‘extreme male brain’ theory of autism now says phrase unhelpful
- Make Ed Miliband chancellor, ex-chief Treasury adviser tells Andy Burnham
- Workplace watchdog rules on Jess Wilson’s forklift-driving social media stunt
- Launceston entrepreneur's $80 million creative precinct plan falters amid insolvency links