Sydney’s housing market has hit a two-year low, with prices dropping 4.7% in the latest quarter to $1.66 million, marking the first nationwide decline across all capital cities in 15 years. The downturn reflects broader economic shifts, as data from Domain’s latest report confirms this is only the second time in history such a uniform drop has occurred. Experts are closely watching whether the trend signals deeper market corrections or a temporary adjustment. The decline comes as buyers and sellers navigate evolving financial conditions.


House prices in Sydney are at a two-year low after falling 4.7% in the September quarter to $1.66m, according to Domain reportGet our breaking news email, free app or daily news podcastHouse prices are falling across every capital city for the first time in 15 years and the second time on record, according to figures from Domain’s September Quarter 2026 House Price report.House prices in Sydney are at a two-year low after falling 4.7% in the September quarter, to $1.66m. Continue reading...