অস্ট্রেলিয়ার অচল संपत्ति বাজার দ্রুত বৃদ্ধির পর significant downturn আছি। জাতীয় বাড়ির দাম past seven বছরে প্রায় 70% বৃদ্ধি পেয়েছে, যা ultra-low interest rates, pós-pandemic immigration, এবং housing supply shortage দ্বারা চালিত। তবে, Reserve Bank of Australia ফেব্রুয়ারি 2026 থেকে agresively বাড়ি দর শুরু করেছে, cash rate 3.6% থেকে 4.6% পর্যন্ত raise করেছে — 2011 এর পর highest level। এতে mortgage repayment বাড়েছে এবং buyer borrowing capacity কমেছে, demand ठंडা পড়েছে।nationally, property prices have fallen for six consecutive months and are now 5.2% below their March 2026 peak. Sydney values are down 8.6% from their February peak, while Melbourne is down 7.2% since November. Prices are falling in seven of the eight capital cities, with Darwin the only exception.
Top-quartile properties in Sydney and Melbourne have fallen more than 10% from peak levels. The downturn is amplified by high household debt — equivalent to about 178% of annual disposable income — and the prevalence of variable-rate mortgages. Government changes to housing tax settings, including restrictions on negative gearing and adjustments to the capital gains tax discount, are also deterring investors.
Over 2.2 million individuals owned investment properties in 2022–23, with nearly half negatively geared. Investor lending dropped 8.6% between March and June 2026. Economists forecast continued declines: Westpac’s Matthew Hassan expects a 7.3% peak-to-trough fall, Commonwealth Bank’s Trent Saunders forecasts 9%, and HSBC’s Paul Bloxham predicts a 13% national decline and 17% drop in Sydney.
Despite the severity, these declines are not unprecedented in Australian history.
উৎস: Bloomberg Markets · সারাংশ: HeadlinesBriefing