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The Guardian - AU
The Guardian - AU
National
Guardian community team

Tell us: how do Australia’s falling home prices affect you?

For Sale signs are seen outside a unit block in Sydney
Are you worried that price falls will leave you or your family worse off? Are you hopeful they could make it easier for you or your loved ones to buy a home? Photograph: Dan Himbrechts/AAP

Australia’s home prices are falling, helped by higher interest rates and the federal government tweaking tax breaks for property investors.

Homeowners will be less wealthy on paper but easing prices could lower the barriers that have stopped renters and younger Australians breaking into the housing market.

Borrowing costs are still historically high, as home values have only fallen back to where they were at the end of 2025, while interest rates have risen three times.

We want to hear about Australians’ experiences of the slowing market. Are you worried that price falls will leave you or your family worse off? Are you hopeful they could make it easier for you or your loved ones to buy a home? Do you think making housing more affordable is a good thing for Australia?

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