Australian Homebuyers Are ABANDONING The Housing Market at the HIGHEST RATE EVER
Автор: Australian Landlord
Загружено: 2026-02-04
Просмотров: 539
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Australian homebuyers are walking away from the property market at the fastest pace in decades as affordability collapses to record lows. With a median income household now able to afford just 14 percent of homes nationally—and only 10 percent in Sydney—buyers are finally refusing to play a game they can’t win. Auction clearance rates are sliding, sales volumes are down, and properties that once triggered bidding wars are now passing in, sitting unsold, or facing repeated price cuts. The combination of soaring prices, stagnant wages, and punishing mortgage repayments has pushed housing beyond reach for most first home buyers.
Despite rate cuts in 2025, affordability has not improved, and growing fears of RBA rate hikes in 2026 have crushed buyer confidence even further. Rising insurance premiums, higher council rates, exploding strata levies, and economic uncertainty are exposing the true cost of ownership, causing buyers to pause or abandon purchases entirely. With housing supply targets being missed nationwide and regional markets no longer offering an escape, Australia is drifting toward a permanent “renter generation.” The market isn’t crashing—but it is freezing—creating a standoff between sellers clinging to peak prices and buyers who have simply stopped bidding.
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Disclaimer: The content on this channel is for educational and informational purposes only. We are not financial, legal, or real estate professionals—just housing enthusiasts sharing research, opinions, and observations about the Australian housing market. This content should not be considered professional advice. Always seek qualified advice for decisions related to property, finance, or housing.
Australian Homebuyers Are ABANDONING The Housing Market at the HIGHEST RATE EVER
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