Price of housing drops in 2018

Price of housing drops in 2018


Research indicates that the pricing of houses in Australia has been dropping so far in 2018, and the trend is expected to continue.

Last month, the price of housing on a national scale dropped by 0.5 per cent. This is reflected in state trends, with the following statistics:

  • Adelaide prices have decreased 0.9 per cent in the last month, and down 02 per cent in the past year.
  • Brisbane prices have decreased 0.1 per cent in the last month, and remained even over the past year.
  • Melbourne prices have decreased 0.2 per cent in the last month, and 0.2 per cent in the past year.
  • Perth prices have decreased 0.3 per cent in the last month, and 0.4 per cent in the past year.
  • Sydney prices have decreased 0.9 per cent in the last month, and 1.0 per cent in the past year.
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If you believe the matters discussed above are relevant to your business, please contact Darren Smith of our office to discuss further.


Darren is a Chartered Accountant with extensive experience, including working in the big 4 and medium sized firms before becoming a partner of a city based firm in 2000.

He has gained much experience and has extensive knowledge in providing business and taxation advice, superannuation planning, negotiation of sales and acquisitions of businesses and property development. His client base covers a wide range of industry groups.

Darren works with business owners to grow their businesses and create personal wealth within and outside of their business.


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