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Key FactsAustralia faces a possible major housing downturn
Sep 7, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: news.com.au
  • Five-year price increases reached 75 per cent in Adelaide, 120 in Brisbane, 109 in Perth and 57 in Sydney.

  • Rising interest rates and changes to negative gearing and capital gains tax are hitting the market; Sydney is forecast to fall up to 18 per cent annually.

  • Treasury modelling suggests the reforms will produce around 75,000 additional owner-occupiers over the decade.

  • Tim Wilson said Sydney was facing the biggest crash in 40 years; Clare O’Neil said the downturn was not unprecedented.
  • Sydney house prices are plummeting so fast that they are on track for the biggest crash in 40 years. The Prime Minister has not been transparent with Australians on modelling.
    — Tim Wilson, Liberal frontbencher, in question time
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