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16 June - 21 June 2026

This week (16 Jun - 21 Jun) in property price drops and rises across Australia

Sale drops
1,685
Median 5.8%
Sale rises
312
Median 7.5%
Suburbs
4,350
Properties
255K
Rent drops
1,275
Median 6.5%
Rent rises
156
Median 9.3%
Suburbs
3,732
Properties
125K

This week highlights

  • Biggest % drop (sales): -44.4% (99 Craigend Street, Leura NSW, $1.80M › $1M)
  • Biggest $ drop (sales): -$800K (99 Craigend Street, Leura NSW, $1.80M › $1M, -44.4%)
  • Biggest % drop (rentals): -53.3% (3 Kingfisher Pde, Hervey Bay QLD, $1,200/w › $560/w, -$640/w)
  • Biggest $ drop (rentals): -$800/w (176 Parr Parade, Beacon Hill NSW, $2,000/w › $1,200/w, -40.0%)
  • Total new drops: 1,685 (sales) / 1,275 (rentals)
  • Total new rises: 312 (sales) / 156 (rentals)
  • Median drop: 5.8% (sales) / 6.5% (rentals)
  • Median rise: 7.5% (sales) / 9.3% (rentals)

Sales breakdown by state

StateDropsMedian ↓RisesMedian ↑SuburbsHardest hit suburbs
VIC5796.2%1757.7%307Clyde North (↓13), Tarneit (↓10), Mount Martha (↓7)
NSW5145.3%826.3%368Warnervale (↓12), Box Hill (↓6), Sydney (↓5)
QLD3295.6%246.3%211Hervey Bay (↓11), Surfers Paradise (↓9), Hope Island (↓7)
WA1486.3%2210.6%110West Busselton (↓4), Gosnells (↓4), Darch (↓3)
SA655.8%46.4%56-
ACT316.3%24.2%20Canberra (↓7), Kingston (↓3)
NT116.8%243.8%10-
TAS86.7%16.3%5Launceston (↓3)

Rental breakdown by state

StateDropsMedian ↓RisesMedian ↑SuburbsHardest hit suburbs
NSW6396.5%719.0%324Sydney (↓16), Mascot (↓13), Burwood (↓11)
VIC2476.7%3513.1%150Richmond (↓8), South Yarra (↓7), Docklands (↓6)
QLD2326.5%3310.0%130Surfers Paradise (↓10), Hope Island (↓9), Brisbane City (↓9)
WA955.9%67.8%75Barragup (↓5), Perth (↓5), Subiaco (↓4)
SA346.3%36.3%27Adelaide (↓3)
ACT216.7%711.1%14Canberra (↓5), Whitlam (↓3)
TAS57.1%0-5-
NT27.0%15.9%2-

Top 10 biggest sales drops across Australia

#AddressTypeWasNowDrop%
199 Craigend Street, Leura, NSW 2780House$1.80M$1M-$800K-44.4%
235A Amherst Street, White Gum Valley WA 6162House$1.40M$1M-$400K-28.6%
33 Hallinan Court, Cheltenham VIC 3192House$1.50M$1.15M-$350K-23.3%
412 Coachwood Way, Maddington WA 6109House$769K$599K-$170K-22.1%
530 Bushman Street, Tanunda SA 5352House$2.50M$1.95M-$550K-22.0%
658 Back Kyneton Road, Heathcote VIC 3523House$500K$395K-$105K-21.0%
780 Clark Road, Morayfield QLD 4506House$1.95M$1.55M-$400K-20.5%
861 Fairbourne Terrace, Pimpama QLD 4209House$1.70M$1.35M-$349K-20.5%
91 Myagah Road, Ashgrove QLD 4060House$3.50M$2.80M-$700K-20.0%
1016/6 Hale Road, Mosman NSW 2088Apt$2.25M$1.80M-$450K-20.0%

Top 10 biggest rental drops across Australia

#AddressTypeWasNowDrop%
13 Kingfisher Pde, Toogoom, Qld 4655House$1,200/w$560/w-$640/w-53.3%
265 Church Street, Wollongong, NSW 2500Apt$1,590/w$799/w-$791/w-49.7%
3176 Parr Parade, Beacon Hill NSW 2100House$2,000/w$1,200/w-$800/w-40.0%
41/147 South Station Road, Silkstone, Qld 4304House$990/w$600/w-$390/w-39.4%
5206/26-32 Marsh Street, Wolli Creek, NSW 2205Apt$1,800/w$1,100/w-$700/w-38.9%
620 princes hwy, Wolli Creek, NSW 2205Apt$1,350/w$900/w-$450/w-33.3%
762 Mountain Street, Ultimo, NSW 2007Apt$1,920/w$1,300/w-$620/w-32.3%
834 Webster Road, Stafford QLD 4053House$1,000/w$700/w-$300/w-30.0%
9138 Plunkett street, Nowra, NSW 2541House$350/w$250/w-$100/w-28.6%
1032-42 Barker Street, Kingsford NSW 2032Apt$935/w$680/w-$255/w-27.3%

Top 10 biggest drops in VIC

#AddressTypeWasNowDrop%
112 Trajectory Drive, Tarneit 3029House$1.20M$980K-$220K-18.3%
2159-161 Bacchus Marsh Road, Corio 3214House$1.10M$900K-$200K-18.2%
362 Mclachlan Street, Templestowe 3106House$1.20M$990K-$210K-17.5%
427 Charles Street, Preston 3072House$1.45M$1.20M-$250K-17.2%
5363 Point Nepean Road, Dromana 3936House$3M$2.50M-$500K-16.7%
69 Uebergang Street, Port Fairy 3284House$720K$600K-$120K-16.7%
72 Moira Avenue, Carnegie 3163House$1.80M$1.50M-$300K-16.7%
81003/241 Glen Huntly Road, Elsternwick 3185Apt$2.48M$2.10M-$375K-15.2%
928/300 Gillies Street North, Wendouree 3355Apt$695K$595K-$100K-14.4%
103 Palk Street, Horsham 3400House$450K$385K-$65K-14.4%
View all VIC sales drops ›

Top 10 biggest drops in NSW

#AddressTypeWasNowDrop%
190 Sadleir Avenue, Sadleir 2168House$1.10M$880K-$220K-20.0%
28 Sapphire Crescent, Sapphire Beach, 2450House$1.15M$950K-$200K-17.4%
317-21 Wynnes Rocks Road, Mount Wilson 2786House$1.20M$990K-$205K-17.2%
438 McClean Street, Blacktown, 2148House$1.20M$1M-$200K-16.7%
51501/6-10 Charles Street, Parramatta 2150Apt$1.20M$1M-$200K-16.7%
633 Frazer Avenue, Lurnea, 2170House$950K$800K-$150K-15.8%
714 Gilda Street, North Ryde 2113House$2.25M$1.90M-$350K-15.6%
887 Hampden Road, South Wentworthville 2145House$1.30M$1.10M-$200K-15.4%
947 Campbell Street, Moruya 2537House$650K$550K-$100K-15.4%
1073 Doonside Crescent, Blacktown, 2148House$1.30M$1.10M-$200K-15.4%
View all NSW sales drops ›

Top 10 biggest drops in QLD

#AddressTypeWasNowDrop%
14/35 Central Avenue, Mount Ommaney 4074Townhouse$1.23M$1M-$230K-18.7%
230 Gympie Road, Hervey Bay 4655House$1.10M$900K-$200K-18.2%
3504/32 Broadwater Avenue, Hope Island, Qld 4212Apt$1.45M$1.20M-$249K-17.2%
43/44 The Esplanade, Burleigh Heads 4220Apt$3M$2.50M-$500K-16.7%
543 Blue Bay Cres, Macleay Island 4184House$899K$760K-$139K-15.5%
6300 Pacific Haven Circuit, Pacific Haven, Qld 4659House$1.30M$1.10M-$200K-15.4%
71 & 2/1 Gannon Way, Upper Coomera, Qld 4209House$1.29M$1.09M-$198K-15.4%
88 Beach Close, Port Douglas 4877House$2.35M$2.00M-$350K-14.9%
9439-441 Mackenzie Street, Middle Ridge 4350House$1.70M$1.45M-$250K-14.7%
102/13-15 Chairlift Avenue, Mermaid Beach 4218Apt$3.50M$3.00M-$500K-14.3%
View all QLD sales drops ›

Top 10 biggest drops in WA

#AddressTypeWasNowDrop%
177A Royal Street, Tuart Hill, 6060House$1.20M$990K-$210K-17.5%
27 Cardinal Crescent, West Busselton 6280House$1.20M$995K-$205K-17.1%
396 Raeside Drive, Landsdale, 6065House$1.20M$1M-$200K-16.7%
496 Raeside Drive, Landsdale 6065House$1.20M$1M-$200K-16.7%
518 Rae Place, Hillarys 6025House$2.40M$2M-$400K-16.7%
642 Saw Avenue, Rockingham 6168House$1.30M$1.10M-$200K-15.4%
710 Dalmilling Dr, The Vines 6069House$990K$849K-$141K-14.2%
820 Haffner Court, Maddington 6109House$969K$849K-$120K-12.4%
951 South Western Highway, Kirup 6251House$660K$580K-$80K-12.1%
1015 Ormiston Gardens, Clarkson 6030House$850K$750K-$100K-11.8%
View all WA sales drops ›

Top 10 biggest drops in SA

#AddressTypeWasNowDrop%
154 Wright Road, Ingle Farm 5098House$795K$650K-$145K-18.2%
28 Scrymgour Road, Port Elliot 5212House$1.20M$1M-$200K-16.7%
39 MacQuarrie Court, West Lakes Shore 5020House$1.60M$1.40M-$201K-12.6%
447 Alison Drive, Happy Valley 5159House$1.20M$1.05M-$150K-12.5%
58 Lucy May Drive, Seacliff 5049House$1.10M$980K-$120K-10.9%
634/8-9 North Esplanade, Glenelg North, 5045Apt$1.85M$1.65M-$200K-10.8%
7200 Princes Highway, Tailem Bend, 5260House$1.60M$1.45M-$150K-9.4%
8152 Surfers Parade, Middleton 5213House$2.20M$2M-$200K-9.1%
915 Hulbert Street, Hove 5048House$1.65M$1.50M-$150K-9.1%
1052 Main Street, Port Augusta 5700House$450K$410K-$40K-8.9%
View all SA sales drops ›

Top 10 biggest rental drops in VIC

#AddressTypeWasNowDrop%
12/104 Merri Street, Warrnambool 3280House$1,000/w$750/w-$250/w-25.0%
21708/689 La Trobe St, Docklands, Vic 3008Apt$1,150/w$925/w-$225/w-19.6%
31/111 Carpenter Street, Brighton 3186House$2,100/w$1,750/w-$350/w-16.7%
415 Bridge St, Port Melbourne, Vic 3207House$3,300/w$2,800/w-$500/w-15.2%
522-24 Heathfield Court, Newtown, Vic 3220House$1,500/w$1,300/w-$200/w-13.3%
622 Highett Street, Richmond 3121House$1,500/w$1,300/w-$200/w-13.3%
784-88 Main Street, Pakenham 3810House$575/w$500/w-$75/w-13.0%
86/2-4 Kensington Road, South Yarra 3141Apt$1,100/w$960/w-$140/w-12.7%
92a Marlowe Street, Canterbury 3126House$2,795/w$2,450/w-$345/w-12.3%
101005/23 Batman Street, West Melbourne 3003Apt$830/w$730/w-$100/w-12.0%
View all VIC rental drops ›

Top 10 biggest rental drops in NSW

#AddressTypeWasNowDrop%
111 Turana Parade, North Lambton 2299House$550/w$400/w-$150/w-27.3%
29 Seaview Parade, Wallabi Point 2430Townhouse$1,200/w$900/w-$300/w-25.0%
32/6 Grills Place, Armidale 2350House$1,000/w$750/w-$250/w-25.0%
4371 Park Road, Regents Park 2143Apt$650/w$500/w-$150/w-23.1%
5190 Susan Street, Scone 2337House$1,200/w$950/w-$250/w-20.8%
64 Alick Street, Cabramatta 2166House$1,250/w$1,000/w-$250/w-20.0%
775 Lawrence Hargrave Drive, Coalcliff, 2508House$500/w$400/w-$100/w-20.0%
8184 The Comenarra Parkway, Wahroonga 2076House$1,600/w$1,300/w-$300/w-18.8%
9310 Tallawong Road, Rouse Hill 2155House$1,350/w$1,100/w-$250/w-18.5%
103/102 Bay Road, Blue Bay 2261Townhouse$1,100/w$900/w-$200/w-18.2%
View all NSW rental drops ›

Top 10 biggest rental drops in QLD

#AddressTypeWasNowDrop%
11409 Gold Coast Highway, Palm Beach 4221Apt$2,500/w$1,850/w-$650/w-26.0%
23006/443 Queen Street, Brisbane City 4000Apt$1,395/w$1,050/w-$345/w-24.7%
317-21 Duncan st, West End, Qld 4101Apt$810/w$620/w-$190/w-23.5%
433 Spackman Lane, Palmwoods, Qld 4555House$1,200/w$975/w-$225/w-18.8%
51/11 Gardner Street, Nundah, Qld 4012House$1,200/w$975/w-$225/w-18.8%
61/191 Quay Circuit, Newport, Qld 4020Townhouse$1,400/w$1,150/w-$250/w-17.9%
730/112-118 Oxlade Drive, New Farm, Qld 4005Apt$2,950/w$2,450/w-$500/w-16.9%
866/86-124 Ogden Street, Townsville City, Qld 4810Apt$1,500/w$1,250/w-$250/w-16.7%
9109/79 Moray Street, New Farm, Qld 4005Apt$775/w$650/w-$125/w-16.1%
10Tewantin, 4565Apt$700/w$590/w-$110/w-15.7%
View all QLD rental drops ›

Top 10 biggest rental drops in WA

#AddressTypeWasNowDrop%
11 Kinkuna Way, City Beach 6015House$2,400/w$2,000/w-$400/w-16.7%
223 Frankland Way, West Busselton 6280House$875/w$750/w-$125/w-14.3%
33/6 Bessell Avenue, Como, 6152Townhouse$1,450/w$1,250/w-$200/w-13.8%
430 Mahogany Street, Maddington 6109House$630/w$550/w-$80/w-12.7%
52A Deering Street, Beaconsfield, 6162House$1,200/w$1,050/w-$150/w-12.5%
68/147 Derby Road, Shenton Park, 6008Apt$800/w$700/w-$100/w-12.5%
71602/1 Geoffrey Bolton Avenue, Perth 6000House$1,200/w$1,050/w-$150/w-12.5%
8Unit 2/134 Mill Point Road, South Perth 6151Apt$900/w$790/w-$110/w-12.2%
928 Alexandria Boulevard, Canning Vale 6155House$1,300/w$1,150/w-$150/w-11.5%
1043 Farrington Road, Leeming 6149House$1,070/w$950/w-$120/w-11.2%
View all WA rental drops ›

Top 10 biggest rental drops in SA

#AddressTypeWasNowDrop%
11/228 Henley Beach Road, Torrensville 5031Apt$595/w$495/w-$100/w-16.8%
22/7 Orange Lane, Norwood 5067Townhouse$900/w$750/w-$150/w-16.7%
3107 Batson Pde, Hindmarsh Island 5214House$650/w$550/w-$100/w-15.4%
42 Naisbitt Street, Port Augusta, 5700House$700/w$600/w-$100/w-14.3%
5105 Stanley Street, North Adelaide 5006House$1,250/w$1,100/w-$150/w-12.0%
675 Second Avenue, St Peters 5069House$1,100/w$980/w-$120/w-10.9%
7177 Esplanade, Largs Bay 5016House$1,100/w$990/w-$110/w-10.0%
81605/160 Grote Street, Adelaide 5000Apt$660/w$600/w-$60/w-9.1%
918 Basnett St, Kurralta Park, 5037House$650/w$600/w-$50/w-7.7%
10167 Bay Rd, Encounter Bay 5211House$650/w$600/w-$50/w-7.7%
View all SA rental drops ›

Top 10 biggest sales rises across Australia

#AddressTypeWasNowRise%
187 Weller Street, Geelong West VIC 3218House$617K$1.38M+$758K+122.9%
212 Central, Labrador, Qld 4215Apt$1.55M$3.35M+$1.80M+116.1%
31/17 Agnew Avenue, Norman Gardens, Qld 4701Apt$395K$800K+$405K+102.5%
4513/9a Hermitage Drive, Airlie Beach QLD 4802Apt$400K$750K+$350K+87.5%
5Marrara, NT 0812Apt$550K$958K+$408K+74.1%
68/159 West Coast Highway, Scarborough WA 6019Townhouse$1M$1.70M+$700K+70.0%
715 Jennings Street, Kyneton VIC 3444House$1.25M$2.09M+$840K+67.2%
831 Stroud Street, Allworth NSW 2425House$410K$685K+$275K+67.1%
910 Welwyn Road, Manningham SA 5086House$958K$1.45M+$492K+51.4%
1025-35 Main Street, Breeza NSW 2381House$300K$450K+$150K+50.0%

Top 10 biggest rental rises across Australia

#AddressTypeWasNowRise%
1Avoca Park / 24 Avondale Road, Avondale, NSW 2530Apt$350/w$650/w+$300/w+85.7%
2ID:21179034/79 Albert Street, Brisbane City QLD 4000Apt$540/w$1,000/w+$460/w+85.2%
316 Hinchcliffe Place, Zetland, NSW 2017Apt$850/w$1,550/w+$700/w+82.4%
42146/38 Hope Street, South Brisbane, Qld 4101Apt$650/w$1,050/w+$400/w+61.5%
52008/7 Katherine Place, Melbourne, Vic 3000Apt$550/w$850/w+$300/w+54.5%
6L6/26 Point Street, Pyrmont, NSW 2009Apt$780/w$1,200/w+$420/w+53.8%
7819 Plenty Road, Reservoir, Vic 3073Apt$320/w$450/w+$130/w+40.6%
89 STUDENT COURT, Mambourin, Vic 3024House$285/w$400/w+$115/w+40.4%
935 Southview Cres, Carindale QLD 4152House$1,800/w$2,500/w+$700/w+38.9%
1035 Southview Cresent, Carindale, Qld 4152House$1,800/w$2,500/w+$700/w+38.9%

Key observations

  • NSW rental market cooling disproportionately — 639 of 1,275 rental drops came from NSW alone, concentrated in Sydney inner-ring apartments: Mascot (↓13), Burwood (↓11), Zetland and Wolli Creek with double-digit counts. Brisbane City (↓9) and Surfers Paradise (↓10) led QLD.
  • Outer growth corridors led sales drops — Clyde North, Tarneit, and Warnervale topped the suburb leaderboards, all outer-suburban development zones. Meanwhile the top individual drops were in regional or outer-suburban areas: Leura (Blue Mountains, -44.4%), Heathcote (regional VIC, -21%), Morayfield (outer Brisbane, -20.5%). No inner-city suburbs in the top 10.
  • Sales was a VIC story, rentals was a NSW story — VIC dominated sales activity (579 drops, 175 rises), NSW dominated rentals (639 drops, 71 rises). QLD was the clear third in both.
Older
This week (8 Jun - 14 Jun) in property price drops and rises across Australia
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$143.7M in asking price cuts this week (22 Jun - 28 Jun)

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