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1 June - 7 June 2026

This week (1-7 Jun) in property price drops and rises across Australia

Sale drops
1,591
Median 5.9%
Sale rises
353
Median 7.3%
Suburbs
4,312
Properties
121K
Rent drops
1,643
Median 6.3%
Rent rises
163
Median 9.1%
Suburbs
3,618
Properties
94K

This week highlights

  • Biggest % drop (sales): -31.3% (1A Lauriston Court, Ringwood VIC, $1.15M → $790K)
  • Biggest $ drop (sales): -$2.50M (301G/14-16 The Esplanade, St Kilda VIC, $12.50M → $10M, -20.0%)
  • Biggest % drop (rentals): -34.3% (20/2-6 Arthur Avenue, Cronulla NSW, $990/w → $650/w, -$340/w)
  • Biggest $ drop (rentals): -$1,000/w (16 Darook Park Road, Cronulla NSW, $2,950/w → $1,950/w, -33.9%)
  • Total new drops: 1,591 (sales) / 1,643 (rentals)
  • Total new rises: 353 (sales) / 163 (rentals)
  • Median drop: 5.9% (sales) / 6.3% (rentals)
  • Median rise: 7.3% (sales) / 9.1% (rentals)

Sales breakdown by state

StateDropsMedian ↓RisesMedian ↑SuburbsHardest hit suburbs
VIC6566.5%2287.5%308Clyde North (↓13), Doncaster (↓12), Mornington (↓11)
NSW4965.6%675.7%352Dee Why (↓7), Lighthouse Beach (↓6), Katoomba (↓4)
QLD2405.1%237.0%164Hervey Bay (↓7), Burleigh Waters (↓5), Southport (↓5)
WA1236.3%257.7%85Clifton (↓6), Thornlie (↓6), Harrisdale (↓4)
SA515.9%44.5%46-
ACT165.0%26.3%14-
TAS66.8%39.1%6-
NT36.2%114.3%3-

Rental breakdown by state

StateDropsMedian ↓RisesMedian ↑SuburbsHardest hit suburbs
NSW8255.9%727.9%340Mascot (↓21), Chatswood (↓18), Sydney (↓16)
QLD3356.8%4911.1%157Surfers Paradise (↓15), Palm Beach (↓9), Robina (↓9)
VIC3016.7%279.7%150South Yarra (↓9), Southbank (↓9), Port Melbourne (↓7)
WA1126.9%66.0%78Perth (↓6), East Perth (↓5), Canning Vale (↓5)
SA377.4%314.3%27Adelaide (↓4), Norwood (↓3), Taperoo (↓3)
ACT266.6%58.5%21-
TAS78.5%117.4%6-

Top 10 biggest sales drops across Australia

#AddressTypeWasNowDrop%
11A Lauriston Court, Ringwood VIC 3134Townhouse$1.15M$790K-$360K-31.3%
2339 Swanston Street, Melbourne VIC 3000Apt$390K$285K-$105K-26.9%
349 Alliance Loop, Willetton WA 6155House$1.35M$1M-$350K-25.9%
4116/112-122 Goderich Street, East Perth, WA 6004Apt$389K$299K-$90K-23.1%
565 Taldra Drive, Ferntree Gully, Vic 3156House$1.15M$900K-$250K-21.7%
631 Rita Street, Merrylands, NSW 2160House$1.15M$900K-$250K-21.7%
7124/800 Swanston Street, Carlton VIC 3053Apt$350K$275K-$75K-21.4%
861 Dorman Street, Lorne VIC 3232House$2.35M$1.85M-$500K-21.3%
9107 Tallawang Avenue, Malua Bay NSW 2536House$1.25M$995K-$255K-20.4%
10301G/14-16 The Esplanade, St Kilda VIC 3182Apt$12.50M$10M-$2.50M-20.0%

Top 10 biggest rental drops across Australia

#AddressTypeWasNowDrop%
120/2-6 Arthur Avenue, Cronulla NSW 2230Apt$990/w$650/w-$340/w-34.3%
216 Darook Park Road, Cronulla, NSW 2230House$2,950/w$1,950/w-$1,000/w-33.9%
355A Esplanade, Semaphore, SA 5019House$1,500/w$1,000/w-$500/w-33.3%
41 bedroom/44-46 Borrodale Rd, Kingsford, NSW 2032Apt$540/w$380/w-$160/w-29.6%
5118 Boorowa street, Young, NSW 2594Apt$850/w$600/w-$250/w-29.4%
61056/185-211 Broadway Road, Ultimo, NSW 2007Apt$660/w$470/w-$190/w-28.8%
726 Pacific Parade, Bilinga, Qld 4225House$1,400/w$1,000/w-$400/w-28.6%
830 Linton Street, Moorabbin VIC 3189House$1,250/w$900/w-$350/w-28.0%
932A Marian Street, Mount Isa, Qld 4825Apt$250/w$180/w-$70/w-28.0%
1032/50 Anderson St, Fortitude Valley, Qld 4006Apt$800/w$590/w-$210/w-26.3%

Top 10 biggest drops in VIC

#AddressTypeWasNowDrop%
161 Dorman Street, Lorne 3232House$2.35M$1.85M-$500K-21.3%
2301G/14-16 The Esplanade, St Kilda 3182Apt$12.50M$10M-$2.50M-20.0%
3641 Waverley Road, Malvern East 3145House$3.20M$2.60M-$600K-18.8%
42/8 Cullen Court, Patterson Lakes 3197House$1.33M$1.09M-$240K-18.0%
564 Nepean Highway, Seaford 3198House$1.20M$990K-$210K-17.5%
612A/635 St Kilda Road, Melbourne 3004Apt$2.40M$2M-$400K-16.7%
79 Greenwood Drive, Bundoora 3083House$880K$740K-$140K-15.9%
8385 Waverley Road, Mount Waverley 3149House$1.60M$1.35M-$250K-15.6%
962 Devon Drive, Doncaster East 3109House$1.95M$1.65M-$300K-15.4%
103/8 Richmond Street, Blackburn South, Vic 3130Townhouse$1.12M$950K-$170K-15.2%
View all VIC sales drops →

Top 10 biggest drops in NSW

#AddressTypeWasNowDrop%
1107 Tallawang Avenue, Malua Bay 2536House$1.25M$995K-$255K-20.4%
24 Alfreda Street, Bowral 2576House$3.00M$2.50M-$495K-16.5%
318/215 Prince Street, Grafton, 2460Apt$299K$250K-$49K-16.4%
420 Stringybark Place, Millingandi 2549House$1.40M$1.18M-$215K-15.4%
53 Hadleigh Road, Balmoral 2283House$999K$850K-$149K-14.9%
65 Lantana Avenue, Wheeler Heights 2097House$3.45M$2.95M-$500K-14.5%
72 Old Sydney Road, Seaforth, 2092House$7M$6M-$1M-14.3%
85 Sproxtons Lane, Nelligen 2536House$1.75M$1.50M-$250K-14.3%
99 Blue Water Place, Byron Bay 2481House$2.90M$2.50M-$400K-13.8%
104 Bard Court, St Clair 2759House$1.13M$979K-$150K-13.3%
View all NSW sales drops →

Top 10 biggest drops in QLD

#AddressTypeWasNowDrop%
143 Dougan Street, Point Vernon, Qld 4655House$1.20M$1M-$200K-16.7%
286-88 Springlands Drive, Slacks Creek, Qld 4127House$1.20M$1M-$200K-16.7%
3110 Barrier Reef Drive, Mermaid Waters, Qld 4218House$2.40M$2M-$400K-16.7%
42 Campbell Street, Wandal 4700House$599K$500K-$99K-16.5%
510/43 Beeston Street, Teneriffe, Qld 4005Apt$1.15M$985K-$165K-14.3%
66 Bushing Street, Wynnum West 4178House$1.39M$1.20M-$195K-14.0%
73 Friedrich Avenue, Forest Hill, Qld 4342House$750K$650K-$100K-13.3%
814 Worchester Crescent, Wakerley 4154Townhouse$1.15M$1M-$150K-13.0%
934 East Street, East Toowoomba, Qld 4350House$2.50M$2.20M-$300K-12.0%
1065 Pope Street, Tarragindi, Qld 4121House$1.79M$1.58M-$215K-12.0%
View all QLD sales drops →

Top 10 biggest drops in WA

#AddressTypeWasNowDrop%
121 Offham Way, Westminster, 6061House$1.10M$920K-$180K-16.4%
28/18 SYKES AVENUE, Innaloo 6018Apt$699K$600K-$99K-14.2%
339 BROULEE LANE, Secret Harbour 6173House$1.40M$1.20M-$199K-14.2%
49 McCowan Street, Kenwick 6107House$1.45M$1.25M-$200K-13.8%
511 Lee Avenue, Hilton 6163House$1.35M$1.18M-$175K-13.0%
6706/99 Millpoint Rd, South Perth, 6151Apt$2.16M$1.90M-$260K-12.0%
7175 Amelia Street, Balcatta 6021House$2.25M$2.00M-$251K-11.2%
84 Heracles Avenue, Riverton 6148House$1.35M$1.20M-$150K-11.1%
93/36 Lena Street, Tuart Hill 6060House$990K$880K-$110K-11.1%
103/20 Charlton Place, Thornlie 6108House$599K$539K-$60K-10.0%
View all WA sales drops →

Top 10 biggest drops in SA

#AddressTypeWasNowDrop%
118 Marie Avenue, Morphett Vale 5162House$869K$749K-$120K-13.8%
210/10 Mortimer Street, Kurralta Park 5037Apt$550K$480K-$70K-12.7%
3203/180 Morphett Street, Adelaide, 5000Apt$450K$400K-$50K-11.1%
446 Winara Drive, Ingle Farm 5098House$899K$799K-$100K-11.1%
56 Quinvale Road, Hallett Cove 5158House$1.10M$980K-$120K-10.9%
62 Morialta Lane, Norton Summit, 5136House$1.50M$1.35M-$150K-10.0%
76 Yeltana Avenue, Huntfield Heights 5163House$1.05M$949K-$101K-9.6%
86/28 Ormond Avenue, Daw Park 5041Apt$545K$495K-$50K-9.2%
928 Immanuel Drive, Salisbury Heights 5109House$1.32M$1.20M-$120K-9.1%
1033 Sir James Hardy Way, Woodcroft, 5162House$1.10M$1M-$100K-9.1%
View all SA sales drops →

Top 10 biggest rental drops in VIC

#AddressTypeWasNowDrop%
130 Linton Street, Moorabbin 3189House$1,250/w$900/w-$350/w-28.0%
288 Bay Road, Mount Martha 3934House$1,700/w$1,250/w-$450/w-26.5%
34/16 Shipley Street, Box Hill, Vic 3128Townhouse$620/w$460/w-$160/w-25.8%
44/31 Jane Street, Berwick, Vic 3806Apt$400/w$300/w-$100/w-25.0%
55/35 Wild Goose Way, Clyde North, Vic 3978House$380/w$290/w-$90/w-23.7%
6601/628 Flinders Street, Docklands, Vic 3008Apt$830/w$650/w-$180/w-21.7%
75 East Court, Camberwell 3124House$2,400/w$1,900/w-$500/w-20.8%
8963 Ferntree Gully Road, Wheelers Hill 3150House$1,500/w$1,195/w-$305/w-20.3%
931 Bruce Street, Moonee Ponds, Vic 3039House$1,490/w$1,190/w-$300/w-20.1%
10201/1571 Malvern Road, Glen Iris, Vic 3146Apt$1,495/w$1,200/w-$295/w-19.7%
View all VIC rental drops →

Top 10 biggest rental drops in NSW

#AddressTypeWasNowDrop%
164 Sir Thomas Mitchell Rd, Bondi Beach 2026Apt$1,100/w$800/w-$300/w-27.3%
2208/44 Regent Street, Kogarah, 2217Apt$1,150/w$850/w-$300/w-26.1%
346 Milham Crescent, Forestville 2087House$1,350/w$1,000/w-$350/w-25.9%
438 Farnell Street, Hunters Hill 2110House$1,250/w$950/w-$300/w-24.0%
52702/108 Donnison Street, Gosford 2250Apt$2,500/w$1,900/w-$600/w-24.0%
6292 Picadilly Hill Road, Coopers Shoot 2479House$1,300/w$995/w-$305/w-23.5%
7129 Bayswater Road, Rushcutters Bay 2011Apt$650/w$500/w-$150/w-23.1%
844 Lower Coast Road, Stanwell Park 2508House$1,900/w$1,500/w-$400/w-21.1%
95 The Downs, Jilliby 2259House$1,500/w$1,200/w-$300/w-20.0%
109/16 Notts Avenue, Bondi Beach 2026Apt$2,500/w$2,000/w-$500/w-20.0%
View all NSW rental drops →

Top 10 biggest rental drops in QLD

#AddressTypeWasNowDrop%
132A Marian Street, Mount Isa, Qld 4825Apt$250/w$180/w-$70/w-28.0%
232/50 Anderson St, Fortitude Valley, Qld 4006Apt$800/w$590/w-$210/w-26.3%
341 Franz Road, Clayfield, Qld 4011House$1,450/w$1,100/w-$350/w-24.1%
42/159 Sydney Street, New Farm 4005Apt$900/w$690/w-$210/w-23.3%
550 Sutton Street, Chelmer, Qld 4068House$1,550/w$1,200/w-$350/w-22.6%
626 Tash Court, Waterford, Qld 4133House$1,400/w$1,100/w-$300/w-21.4%
795 Clarence Road, Indooroopilly, Qld 4068Apt$850/w$680/w-$170/w-20.0%
817 Marlin Court, Palm Beach 4221House$2,500/w$2,000/w-$500/w-20.0%
935 Twenty Fourth Avenue, Palm Beach, Qld 4221House$1,500/w$1,200/w-$300/w-20.0%
1029 RENIER Crescent, Moranbah 4744House$620/w$500/w-$120/w-19.4%
View all QLD rental drops →

Top 10 biggest rental drops in WA

#AddressTypeWasNowDrop%
110 Nerrima Street, Falcon, 6210House$450/w$340/w-$110/w-24.4%
277A ALFRED ROAD, Mount Claremont 6010House$1,800/w$1,450/w-$350/w-19.4%
32/6 Bessell Avenue, Como, 6152Townhouse$1,750/w$1,450/w-$300/w-17.1%
413 Belladonna Drive, Yangebup 6164House$3,000/w$2,500/w-$500/w-16.7%
55/134 Mill Point Road, South Perth, 6151Apt$750/w$650/w-$100/w-13.3%
610 Gnowangerup Bend, Dawesville, 6211House$750/w$650/w-$100/w-13.3%
7142A Eton Street, North Perth 6006House$1,600/w$1,400/w-$200/w-12.5%
893 AMBERLEY DRIVE, Baldivis, 6171House$800/w$700/w-$100/w-12.5%
956 Timberlane Drive, Woodvale, 6026House$850/w$750/w-$100/w-11.8%
1031/33 Spinnaker Bvd, Geographe, 6280Townhouse$900/w$800/w-$100/w-11.1%
View all WA rental drops →

Top 10 biggest rental drops in SA

#AddressTypeWasNowDrop%
123 Beeston Way, West Lakes 5021House$1,300/w$1,000/w-$300/w-23.1%
249 Symonds Place, Adelaide, 5000House$1,500/w$1,298/w-$202/w-13.5%
32 Kennedy Av, Hindmarsh Island 5214House$750/w$650/w-$100/w-13.3%
425 Pindee street, Hallett Cove, 5158House$630/w$550/w-$80/w-12.7%
53002/29 Angas Street, Adelaide, 5000Apt$2,750/w$2,450/w-$300/w-10.9%
65/371 Angas Street, Adelaide 5000Townhouse$1,000/w$900/w-$100/w-10.0%
737 Gray Street, Norwood, 5067House$2,000/w$1,800/w-$200/w-10.0%
824 Lincoln Avenue, Parafield Gardens 5107House$545/w$495/w-$50/w-9.2%
9217/170 The Parade, Norwood 5067House$1,100/w$1,000/w-$100/w-9.1%
10138 Esplanade, Largs Bay 5016House$1,200/w$1,100/w-$100/w-8.3%
View all SA rental drops →

Top 10 biggest sales rises across Australia

#AddressTypeWasNowRise%
16 Teak Street, Maleny, Qld 4552House$1.30M$1.90M+$600K+46.2%
222 Owen Road, Darlington WA 6070House$1M$1.45M+$450K+45.0%
3327 Union Road, Balwyn, Vic 3103House$3.80M$5.20M+$1.40M+36.8%
4100/18 Port Quays, Wannanup WA 6210House$1M$1.30M+$299K+29.9%
5507/2 Kerrs Road, Lidcombe, NSW 2141Apt$639K$829K+$190K+29.7%
614 Balsam Mews, Aveley, WA 6069House$1M$1.28M+$279K+27.9%
7204E/20 Linkage Avenue, Cockburn Central, WA 6164Apt$475K$599K+$124K+26.1%
86 Williamson Street, Berwick, Vic 3806House$2M$2.50M+$500K+25.0%
938-42 Broadwater Avenue, Hope Island, Qld 4212Apt$774K$960K+$186K+24.0%
108 Monarch Way, Craigieburn VIC 3064House$1.10M$1.35M+$250K+22.7%

Top 10 biggest rental rises across Australia

#AddressTypeWasNowRise%
151 Mindanao Crescent, Lethbridge Park NSW 2770House$400/w$600/w+$200/w+50.0%
2Studio/41 Gloucester Street, Rockdale NSW 2216Apt$350/w$520/w+$170/w+48.6%
31509/2 Chippendale Way, Chippendale, NSW 2008Apt$600/w$890/w+$290/w+48.3%
41/150 Crown Street, Darlinghurst, NSW 2010Apt$415/w$615/w+$200/w+48.2%
51408 N/889 Collins Street, Docklands, Vic 3008Apt$580/w$850/w+$270/w+46.6%
6601/23 Palmerston Street, Carlton, Vic 3053Apt$649/w$949/w+$300/w+46.2%
7106/8 North St, Ascot Vale VIC 3032Apt$550/w$800/w+$250/w+45.5%
8148 Dixon St, Sunnybank, Qld 4109House$480/w$680/w+$200/w+41.7%
9132-134 Mitchell Street, North Ward QLD 4810Apt$300/w$400/w+$100/w+33.3%
103700/42 Laver Drive, Robina, Qld 4226Apt$650/w$850/w+$200/w+30.8%
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