Episode

Housing Market Shifts by City and Property Type

Podcast
Adelaide News Today | 2 Min News | The Daily News Now!
Published
Jun 24, 2026
Duration seconds
113
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/v1/public/podcasts/adelaide-news-today-2-min-news-the-daily-news-now-7575068/episodes/housing-market-shifts-by-city-and-property-type
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Summary

House prices in Sydney and Melbourne could plunge dramatically next year, with Domain predicting Sydney’s median to drop by $122,000 and Melbourne dipping below $1 million—driven by rising interest rates and tighter borrowing conditions. Yet, sellers are reaping record profits, fueled by years of price growth. Units may outperform houses as first-home buyers seek affordability amid higher borrowing costs. The market is now split: Sydney, Melbourne, and Canberra face declines, while Brisbane, Adelaide, and Perth still show growth. It’s not a crash, but a reshaped landscape shaped by rates, demand, and construction costs. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/54d13f1249deafec