{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Winter Property Market Shock: Prices Fall Nationwide | Dr.Andrew Wilson","description":"July has delivered the clearest evidence yet that Australia\u2019s property market has changed direction, but the headline figures only tell part of the story.   Capital city house prices fell by 1.5 per cent over the month, the sharpest national decline since August 2022, while Sydney recorded a particularly significant fall of 2.7 per cent.   Melbourne house prices are now almost 6 per cent lower since the beginning of the year, and prices also declined across Brisbane, Adelaide, Perth and Darwin during July.   Yet look beneath those monthly figures and Australia still has several very different property markets moving at different speeds, with units holding up better than houses nationally, despite some substantial monthly falls in individual capitals.   So, are these July figures simply the result of the usual winter slowdown, amplified by higher interest rates and reduced confidence, or are they signalling a more serious downturn?   That's what I'm ask Dr. Andrew Wilson, in today's show as we discuss the latest housing market movements and what they mean for buyers and investors.   We unpack how winter conditions, higher rates, and weaker confidence have slowed activity across the capital cities.   We look at why Sydney and Melbourne are underperforming, while Perth, Brisbane, and Darwin remain remarkably resilient.   We also explore why units are holding up better than houses, especially in markets with stronger underlying demand.   Finally, we discuss rents, inflation, and the Reserve Bank outlook, then finish with a long-term view on opportunity in the downturn.   Takeaways    \u2022 Capital city house prices fell 1.5 percent, signalling a broader winter slowdown. \u2022 Sydney\u2019s sharper decline reflects weaker clearance rates and softer buyer demand. \u2022 Melbourne and Sydney are lagging because premium segments are correcting faster. \u2022 Perth, Brisbane, and Darwin still show strong annual growth momentum. \u2022 Units are outperforming houses because affordability keeps buyers in that market. \u2022 Low vacancy rates are keeping rental pressure high across most capitals. \u2022 Higher rents increase cash flow pressure for tenants and improve investor yields. \u2022 Strong employment is supporting housing demand despite market uncertainty. \u2022 Rising electricity costs are adding inflation pressure and influencing Reserve Bank decisions. \u2022 Longer term investors can benefit when uncertainty reduces competition and improves negotiation power.   Links and Resources:   Answer this week\u2019s trivia question here - https:\/\/www.propertytrivia.com.au\/ \u00b7        Win a hard copy of How To Grow A Multi-Million Dollar Property Portfolio In Your Spare Time. \u00b7        Everyone wins a copy of a fully updated property report Get a bundle of eBooks and Reports at: www.PodcastBonus.com.au   Get the team at Metropole to help build your personal Strategic Property plan. Click here and have a chat with us.     Michael Yardney \u2013 Subscribe to my Property Update newsletter here.     Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher \u2013 just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.   About The Michael Yardney Podcast | Property Investment And Wealth Creation Australia   The Michael Yardney Podcast is one of Australia\u2019s leading property investment podcasts, helping investors understand the Australian property market and build long-term wealth through strategic property investing.   Each week we explore: \u2022 Australian property market updates \u2022 Property investment strategies in Australia \u2022 Melbourne property market trends \u2022 Sydney property market forecasts \u2022 Brisbane property investment opportunities \u2022 Capital growth property strategies \u2022 Property cycles in Australia \u2022 Negative gearing and tax strategy \u2022 Interest rates and their impact on property \u2022 Buyer\u2019s agent insights and investment planning   If you\u2019re serious about building a high-performance property portfolio and creating financial freedom through real estate, this podcast will give you the clarity and strategy you need.   Learn more at:https:\/\/propertyupdate.com.auhttps:\/\/metropole.com.au ","author_name":"Property Investment & Wealth Creation Australia | The Michael Yardney Podcast","author_url":"https:\/\/michaelyardneypodcast.com.au","html":"