Australian House Prices Slowing: What a 10% Fall Could Mean

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Australian house prices are slowing after decades of growth, with banks predicting drops.
A 10% fall could return prices to late 2024 levels, impacting investors, new buyers, and sellers, while economists debate affordability and risks like negative equity.

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Australian house prices are slowing after decades of growth, with banks predicting drops. A 10% fall could return prices to late 2024 levels, impacting investors, new buyers, and sellers, while economists debate affordability and risks like negative equity.

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Melbourne's property market is experiencing a significant downturn, with the lowest auction clearance rate in five years. Experts attribute this to the federal government's recent budget, which introduced changes to negative gearing and capital gains tax, causing investor uncertainty and a reluctance to buy or sell.

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Australian House Prices Slowing: What a 10% Fall Could Mean

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Eva Phelps: The Woman Who Lived in a Shopping Centre Car Park