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Sydney House Prices Plunge 1.2% in June, Marking Largest Australian Decline Since Late 2022

2026-06-30 14:09:33

According to Cotality data, Sydney house prices plunged 1.2% in June, dragging the national housing value index down 0.4% and marking the largest decline since late 2022. Melbourne fell 1%, while Perth and Darwin rose 0.7% and 1.4% respectively. Sydney's median house price of 1.3 million Australian dollars underscores the affordability crisis facing buyers, exacerbated by elevated interest rates and rising cost of living pressures.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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