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27 July - 2 Aug 2026

This week (27 Jul - 2 Aug) in property price drops and rises across Australia

Sale drops
998
Median 6.0%
Sale rises
136
Median 6.7%
Suburbs
4,365
Properties
401K
Rent drops
732
Median 6.7%
Rent rises
77
Median 10.0%
Suburbs
3,808
Properties
297K

This week highlights

  • Biggest % drop (sales): -21.6% (413/220 Melrose Drive, Phillip ACT, $389K › $305K)
  • Biggest $ drop (sales): -$3M (23-25 Alexandra Avenue, Broadbeach QLD, $17M › $14M, -17.6%)
  • Biggest % drop (rentals): -36.7% (117/55 Camberwell Road, Hawthorn East VIC, $1,200/w › $760/w, -$440/w)
  • Biggest $ drop (rentals): -$900/w (30 Banksia Street, Eastwood NSW, $2,900/w › $2,000/w, -31.0%)
  • Total new drops: 998 (sales) / 732 (rentals)
  • Total new rises: 136 (sales) / 77 (rentals)
  • Median drop: 6.0% (sales) / 6.7% (rentals)
  • Median rise: 6.7% (sales) / 10.0% (rentals)

Sales breakdown by state

StateDropsMedian ↓RisesMedian ↑SuburbsHardest hit suburbs
NSW2875.8%295.0%224Ashfield (↓4), Harrington Park (↓4), Moss Vale (↓4)
VIC2696.3%937.1%191Mornington (↓6), Noble Park (↓6), Kew (↓5)
QLD2595.7%67.8%188Broadbeach (↓5), Palm Beach (↓5), Nambour (↓4)
WA1126.0%47.0%86Baldivis (↓5), Aveley (↓4), Rockingham (↓4)
SA446.2%113.5%39Murray Bridge (↓3)
ACT186.0%14.8%12Canberra (↓5)
TAS75.3%19.8%6-
NT27.5%15.3%2-

Rental breakdown by state

StateDropsMedian ↓RisesMedian ↑SuburbsHardest hit suburbs
NSW3315.9%428.9%205Mascot (↓11), St Leonards (↓9), Burwood (↓7)
QLD1647.1%1711.7%101Main Beach (↓12), Surfers Paradise (↓10), Broadbeach (↓5)
VIC1596.9%1210.5%106Melbourne (↓14), Glen Waverley (↓4), Canterbury (↓4)
WA406.7%39.4%34Belmont (↓5)
SA187.3%225.4%18-
ACT187.2%110.0%15-
NT212.1%0-2-

Top 10 biggest sales drops across Australia

#AddressTypeWasNowDrop%
1413/220 Melrose Drive, Phillip ACT 2606Apt$389K$305K-$84K-21.6%
224 Clarinda Road, Essendon VIC 3040Apt$2.90M$2.30M-$600K-20.7%
322-24 Oakey Cooyar Road, Kulpi, Qld 4352House$499K$399K-$100K-20.0%
4131 Airlie Road, Healesville VIC 3777House$1.50M$1.20M-$300K-20.0%
52119 Pittwater Road, Church Point, NSW 2105House$5.00M$4M-$1M-20.0%
64/41 Codd Street, Para Hills West SA 5096Apt$619K$499K-$120K-19.4%
72/107 Victoria Street, Brunswick East VIC 3057Townhouse$860K$700K-$160K-18.6%
81/6 Valley Road, Mount Waverley, Vic 3149Apt$1.10M$900K-$200K-18.2%
922 Cormorant Grange, Winter Valley, Vic 3358House$849K$700K-$149K-17.6%
1023-25 Alexandra Avenue, Broadbeach QLD 4218Apt$17M$14M-$3M-17.6%

Top 10 biggest rental drops across Australia

#AddressTypeWasNowDrop%
1117/55 Camberwell Road, Hawthorn East, Vic 3123Apt$1,200/w$760/w-$440/w-36.7%
230 Banksia Street, Eastwood NSW 2122House$2,900/w$2,000/w-$900/w-31.0%
330 Wau Road, Darra QLD 4076House$650/w$450/w-$200/w-30.8%
4Level 2/496 Bunnerong Road, Matraville, NSW 2036Apt$490/w$350/w-$140/w-28.6%
515/415 Brunswick Rd, Parkville, Vic 3052Apt$500/w$360/w-$140/w-28.0%
6WeChat: KRL119 L10/ 39 Kent Rd, Mascot NSW 2020Apt$1,380/w$1,000/w-$380/w-27.5%
7WeChat: KRL119 L1/11 flack ave, Hillsdale NSW 2036Apt$880/w$650/w-$230/w-26.1%
83/50 connor street, Kangaroo Point, Qld 4169Apt$930/w$700/w-$230/w-24.7%
9280 Bulwara Road, Ultimo, NSW 2007Apt$1,400/w$1,100/w-$300/w-21.4%
1021/21 East Crescent Street, McMahons Point NSW 2060Apt$1,700/w$1,350/w-$350/w-20.6%

Top 10 biggest drops in VIC

#AddressTypeWasNowDrop%
141 Arcadia Avenue, The Basin, Vic 3154House$1.10M$910K-$190K-17.3%
23/17 Southern Road, Mentone, Vic 3194Townhouse$1.20M$1M-$200K-16.7%
3150 Deakin Street, Essendon 3040House$1.80M$1.50M-$300K-16.7%
422 Chisholm Crescent, Seymour, Vic 3660House$330K$275K-$55K-16.7%
551 Hall Avenue, Altona Meadows 3028House$660K$550K-$110K-16.7%
6314/100 The Esplanade, Torquay 3228Apt$1.25M$1.05M-$200K-16.0%
728 Vivianne Avenue, Mont Albert North, Vic 3129House$1.30M$1.10M-$200K-15.4%
82 Finlayson Street, Forest Hill 3131House$1.15M$980K-$170K-14.8%
988 Jolimont Road, Forest Hill 3131House$1.05M$900K-$150K-14.3%
10106/51-59 Thistlethwaite Street, South Melbourne, Vic 3205Apt$580K$500K-$80K-13.8%
View all VIC sales drops ›

Top 10 biggest drops in NSW

#AddressTypeWasNowDrop%
145 Second Avenue, Kingswood, 2747House$1.15M$950K-$200K-17.4%
2541/6E Cowper Wharf Roadway, Woolloomooloo, 2011Apt$3M$2.50M-$500K-16.7%
332 Backhouse Street, Wentworth Falls 2782House$1.20M$1M-$195K-16.3%
486/2 Mcauley Place, Waitara 2077Apt$680K$575K-$105K-15.4%
571 Charlestown Road, Kotara 2289House$1.57M$1.35M-$225K-14.3%
612 & 12a Greengate Road, Airds, 2560House$1.45M$1.25M-$200K-13.8%
74/11 Dening Street, The Entrance 2261Apt$750K$650K-$100K-13.3%
855 Andrew Road, Valentine 2280House$1.50M$1.30M-$200K-13.3%
949 Lakeside Parade, Jordan Springs 2747House$1.15M$999K-$151K-13.1%
1014 Rickard Street, Carlingford 2118House$4.88M$4.25M-$630K-12.9%
View all NSW sales drops ›

Top 10 biggest drops in QLD

#AddressTypeWasNowDrop%
172 Gardiner Road, Waterford 4133House$1.27M$1.05M-$220K-17.3%
2Unit 1/155 Margate Parade, Margate, Qld 4019Apt$1.20M$1M-$200K-16.7%
38 Acacia Street, Blackall 4472House$395K$330K-$65K-16.5%
4135 Grandview Drive, Yaroomba, Qld 4573House$2M$1.70M-$300K-15.0%
5UNIT 607/167 Alfred Street, Fortitude Valley 4006Apt$750K$650K-$100K-13.3%
62712/167 Alfred Street, Fortitude Valley, Qld 4006Apt$660K$575K-$85K-12.9%
757/370 Rockonia Road, Koongal 4701Townhouse$298K$260K-$38K-12.8%
816/59 Ward Street, Southport, Qld 4215Townhouse$1.14M$995K-$145K-12.7%
91/23 Akuna Way, Mango Hill 4509House$799K$699K-$100K-12.5%
10254 Ellison Road, Geebung 4034House$1.20M$1.05M-$146K-12.2%
View all QLD sales drops ›

Top 10 biggest drops in WA

#AddressTypeWasNowDrop%
122 Ramsden Avenue, East Victoria Park 6101House$1.50M$1.30M-$200K-13.3%
21 Hardwick Boulevard, Canning Vale, 6155House$1.30M$1.15M-$150K-11.5%
390 Currie Street, Warnbro, 6169House$789K$699K-$90K-11.4%
441 Galveston Loop, Iluka 6028House$1.80M$1.60M-$200K-11.1%
53/12 Hymus Street, Rockingham, 6168House$899K$800K-$99K-11.0%
612 Northumberland Road, Forrestfield 6058House$785K$699K-$86K-11.0%
7145 Nicholson Road, Lynwood 6147House$650K$580K-$70K-10.8%
836B Crowther Street, Bayswater, 6053House$950K$850K-$100K-10.5%
97A Ranmore Way, Morley, 6062House$1M$900K-$100K-10.0%
10604/52 Adelaide Street, Fremantle 6160Apt$995K$899K-$96K-9.6%
View all WA sales drops ›

Top 10 biggest drops in SA

#AddressTypeWasNowDrop%
13-6 / 1 Surrey Street, Blair Athol, 5084Townhouse$900K$780K-$120K-13.3%
277 Roper Road, Murray Bridge, 5253House$1.15M$1M-$150K-13.0%
31/2 Loveday Street, Goolwa, 5214Apt$550K$495K-$55K-10.0%
420 Wright Avenue, Northfield 5085House$920K$840K-$80K-8.7%
557 Crittenden Road, Smithfield Plains, 5114House$700K$640K-$60K-8.6%
611 Emberton Place, Morphett Vale 5162House$820K$750K-$70K-8.5%
720 Joy Street, Encounter Bay, 5211House$819K$750K-$69K-8.4%
87 Prion Court, Noarlunga Downs 5168House$950K$870K-$80K-8.4%
912/415 Seaview Road, Henley Beach 5022Apt$555K$510K-$45K-8.1%
1042 Kelsey Road, Salisbury North 5108House$499K$459K-$40K-8.0%
View all SA sales drops ›

Top 10 biggest rental drops in VIC

#AddressTypeWasNowDrop%
1139 Prospect Hill Rd, Canterbury, Vic 3126House$1,000/w$800/w-$200/w-20.0%
23/1 James Street, Dandenong, Vic 3175Apt$590/w$490/w-$100/w-16.9%
31/68 Grappa Cct, Wyndham Vale, Vic 3024Apt$330/w$280/w-$50/w-15.2%
436 Keats Street, Sandringham, Vic 3191House$2,650/w$2,250/w-$400/w-15.1%
572 Hanover Circuit, Melton South, Vic 3338House$320/w$280/w-$40/w-12.5%
6408/78 Inkerman Street St Kilda VIC 3182, St Kilda, Vic 3182Apt$800/w$700/w-$100/w-12.5%
720 Rubens Grove, Canterbury 3126House$2,500/w$2,200/w-$300/w-12.0%
857 Bishopgate Boulevard, Bonnie Brook 3335House$600/w$530/w-$70/w-11.7%
919 Burrora Way, Craigieburn, Vic 3064House$840/w$745/w-$95/w-11.3%
1013 Waranga Crescent, Broadmeadows, Vic 3047House$900/w$800/w-$100/w-11.1%
View all VIC rental drops ›

Top 10 biggest rental drops in NSW

#AddressTypeWasNowDrop%
12 Castle Place, Padstow Heights, 2211House$1,500/w$1,200/w-$300/w-20.0%
2C/133 Parramatta Rd, Strathfield, 2135Apt$520/w$420/w-$100/w-19.2%
313 & 13A/61-67 Haldon Street, Lakemba 2195Apt$1,269/w$1,038/w-$231/w-18.2%
4124 Fitzroy Street, Tamworth 2340House$820/w$680/w-$140/w-17.1%
510/2 Sale Street, Orange, 2800Apt$660/w$550/w-$110/w-16.7%
61/72 Victoria Road, Drummoyne, 2047Apt$600/w$500/w-$100/w-16.7%
7Level 11, 250/158 Day Street, Sydney 2000Apt$1,250/w$1,050/w-$200/w-16.0%
8250/158 Day Street, Sydney, 2000Apt$1,250/w$1,050/w-$200/w-16.0%
9303/5 Clarence Street, Burwood, 2134Apt$950/w$800/w-$150/w-15.8%
104 Cedar Crescent, East Ballina, 2478House$1,270/w$1,070/w-$200/w-15.7%
View all NSW rental drops ›

Top 10 biggest rental drops in QLD

#AddressTypeWasNowDrop%
1ID:21183213/230 Pulgul Street, Urangan, Qld 4655Apt$750/w$600/w-$150/w-20.0%
253 Clarence Street, South Maclean, Qld 4280House$300/w$250/w-$50/w-16.7%
38-12 Trickett Street, Surfers Paradise, Qld 4217Apt$800/w$670/w-$130/w-16.3%
41/80 Rangers Road, Warwick, Qld 4370Apt$950/w$800/w-$150/w-15.8%
5405/42 Stanhill Drive, Surfers Paradise, Qld 4217Apt$1,250/w$1,075/w-$175/w-14.0%
62208/37 Mayne Road, Bowen Hills 4006Apt$1,100/w$950/w-$150/w-13.6%
74 Ningari St, , Sunnybank, Qld 4109House$1,500/w$1,300/w-$200/w-13.3%
820206/37D Harbour Road, Hamilton, Qld 4007Apt$1,500/w$1,300/w-$200/w-13.3%
93535 Main Beach Parade, Main Beach, Qld 4217House$3,750/w$3,250/w-$500/w-13.3%
101/13 Stephens Street, Burleigh Heads, Qld 4220Apt$1,150/w$1,000/w-$150/w-13.0%
View all QLD rental drops ›

Top 10 biggest rental drops in WA

#AddressTypeWasNowDrop%
111 Chindwin Loop, Hilbert 6112House$350/w$280/w-$70/w-20.0%
214/22 B Pinjarra Rd, Greenfields, 6210House$595/w$500/w-$95/w-16.0%
3195 Inlet Boulevard, South Yunderup, 6208Townhouse$650/w$550/w-$100/w-15.4%
447 Sumich Gardens, Coogee 6166House$1,500/w$1,300/w-$200/w-13.3%
530 Melville Parade, South Perth, 6151House$900/w$800/w-$100/w-11.1%
614/22 A Pinjarra Rd, Greenfields, 6210House$470/w$420/w-$50/w-10.6%
78B Westbury Crescent, Bicton 6157House$1,000/w$900/w-$100/w-10.0%
81C Snow Street, Wilson 6107House$1,000/w$900/w-$100/w-10.0%
936/3 Brigid Rd, Subiaco, 6008Apt$1,100/w$990/w-$110/w-10.0%
106/56 Second Avenue, Mount Lawley 6050Apt$630/w$575/w-$55/w-8.7%
View all WA rental drops ›

Top 10 biggest rental drops in SA

#AddressTypeWasNowDrop%
15/436 Payneham Rd, Glynde, 5070Apt$450/w$400/w-$50/w-11.1%
21C Lansdowne Terrace, Vale Park, 5081House$1,050/w$950/w-$100/w-9.5%
321 Tea Tree Lane, West Lakes, 5021House$950/w$860/w-$90/w-9.5%
419 Wolseley Road, Blackwood, 5051House$750/w$680/w-$70/w-9.3%
52/27-29 Haines Road, Lightsview 5085House$650/w$590/w-$60/w-9.2%
619 George Court, Adelaide, 5000Townhouse$800/w$730/w-$70/w-8.8%
7203 Port Elliot Road, Hayborough, 5211House$600/w$550/w-$50/w-8.3%
810 Pearse Street, Underdale, 5032House$695/w$640/w-$55/w-7.9%
914-16 Tormore Place, North Adelaide 5006House$1,350/w$1,250/w-$100/w-7.4%
1029/92 Brandis Road, Munno Para, 5115House$625/w$580/w-$45/w-7.2%
View all SA rental drops ›

Top 10 biggest sales rises across Australia

#AddressTypeWasNowRise%
12/29 Heard Way, Glendalough, WA 6016Apt$489K$649K+$160K+32.7%
2204A/2 Wests Road, Maribyrnong, Vic 3032Apt$500K$600K+$100K+20.0%
32605/34-36 Prospect Street, Box Hill, Vic 3128Apt$550K$660K+$110K+20.0%
45312/160 Victoria Street, Carlton VIC 3053Apt$600K$720K+$120K+20.0%
51/668 Elgar Road, Box Hill North VIC 3129Townhouse$1.05M$1.25M+$200K+19.0%
6603/1-13 Cobden Street, South Melbourne, Vic 3205Apt$795K$935K+$140K+17.6%
71/204 Saltlake Boulevard, Wollert VIC 3750Townhouse$400K$470K+$70K+17.5%
846 Rawson Road, Greenacre, NSW 2190House$1.15M$1.35M+$200K+17.4%
9480 Raymond Street, Sale, Vic 3850House$765K$890K+$125K+16.3%
10Level 1, 14/315-319 Huntingdale Road, Chadstone VIC 3148Apt$390K$450K+$60K+15.4%

Top 10 biggest rental rises across Australia

#AddressTypeWasNowRise%
156 Furneaux Grove, Bulleen, Vic 3105House$300/w$400/w+$100/w+33.3%
22502/17 Austin street, Adelaide, SA 5000Apt$600/w$800/w+$200/w+33.3%
322 Gloucester Street, Macquarie Fields, NSW 2564House$600/w$800/w+$200/w+33.3%
410/18 McBurney Road, Cabramatta, NSW 2166Apt$420/w$550/w+$130/w+31.0%
5161 Kent Street, Sydney NSW 2000Apt$1,300/w$1,650/w+$350/w+26.9%
640-46 Stanley Street, Burwood, NSW 2134Apt$600/w$759/w+$159/w+26.5%
79 Central Terrace, Beckenham, WA 6107Apt$600/w$750/w+$150/w+25.0%
802/40 Stanhill Drive, Surfers Paradise, Qld 4217Apt$1,200/w$1,500/w+$300/w+25.0%
98/1060 Caratel Street, North Albury NSW 2640House$320/w$400/w+$80/w+25.0%
103113 Surfers Paradise Blvd, Surfers Paradise, Qld 4217Apt$1,200/w$1,500/w+$300/w+25.0%

Key observations

  • Sales drops were evenly spread across the big three states (NSW 287, VIC 269, QLD 259), but VIC dominated rises with 93 of 136 (68%). The biggest individual rise was a Glendalough WA apartment up 32.7% ($489K to $649K).
  • Rental rises were modest this week. The largest was 33.3% (three properties all moving from $600/w to $800/w in Bulleen, Adelaide and Macquarie Fields), with the median rental rise settling at 10.0%.
  • The biggest single value cut was a Broadbeach QLD penthouse down $3M ($17M to $14M). Across all sales, vendors trimmed $85.1M off asking prices, while the largest rental cut was $900/w in Eastwood NSW ($2,900/w to $2,000/w).
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This week (20 Jul - 26 Jul) in property price drops and rises across Australia

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