company

Domain

Australian property listing and data platform

Australia · National house prices post steepest quarterly drop on record as Perth leads decline

House prices across Australian capital cities fell 4.7% in the September quarter, the steepest quarterly drop on record, according to Domain data released Thursday. Perth recorded the largest decline at 7.4%, marking the biggest quarterly fall ever for that city, as all capitals moved into negative territory for the first time in 15 years.