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The Department of Justice is reportedly weighing its options after a Virginia grand jury rejected a second attempt to indict the New York Attorney General for mortgage fraud.
Atlanta’s single-family housing market entered December with 20,998 active listings, creating distinct conditions that separate it from broader national patterns. The metro’s 3.4-month supply exceeds the U.S. average of 2.8 months, while 39.9% of sellers have reduced asking prices.
The Atlanta–Sandy Springs–Marietta metro recorded 1,776 home absorptions during the week ending Nov. 30, 2025, against 1,011 new listings. This gap between removals and additions suggests existing inventory faces extended market exposure, reflected in the 84-day median time on market.
Inventory accumulation reshapes negotiations
Active listings in Atlanta total 20,998 properties, with sellers adjusting expectations as competition intensifies. The 39.9% of homes with price reductions surpasses typical market levels of 30% to 35%, indicating softer demand conditions. Additionally, 20.6% of current listings represent relisted properties, double the 10% threshold that often signals weakening buyer competition.
The metro’s neutral market conditions, as measured by supply and demand indicators, contrast with tighter markets elsewhere. Atlanta’s 3.4 months of inventory provides buyers more selection than the national 2.8-month average, shifting negotiation dynamics.
Pricing reflects regional variations
Atlanta’s $430,000 median list price sits $5,000 above the national median of $425,000 and $30,000 higher than Georgia’s $400,000 level. However, the metro’s $188.3 price per square foot falls below both the state’s $183.8 and the nation’s $209.9, indicating Atlanta buyers receive more space per dollar spent.
Price adjustments remain modest among properties with increases, showing a median rise of 1.8%. This falls within the typical 1% to 5% range for price increases, suggesting selective seller optimism persists despite broader market softening.
Market pace aligns with state patterns
Properties in Atlanta require a median 84 days to sell, matching Georgia’s statewide figure but exceeding the national 77-day benchmark. This extended timeline, combined with elevated price-cut activity, reinforces the shift toward buyer-favorable conditions.
The weekly absorption rate of 1,776 homes translates to an estimated sales pace that would clear current inventory in 3.4 months at present activity levels. Georgia maintains similar conditions with 3.5 months of supply, while national markets operate with tighter 2.8-month inventories.
HousingWire used HW Data to source this story. To see what’s happening in your own local market, generate housing market reports. For enterprise clients looking to license the same market data at a larger scale, visit HW Data.
Price reductions swept through 53.3% of Charlotte metro’s active listings during the week ending Nov. 29, 2025, while the median list price held firm at $475,000. The market maintained a 2.6-month inventory supply with 4,958 active homes for sale.
The Charlotte–Gastonia–Rock Hill metro absorbed 462 homes during the week, outpacing the 261 new listings that entered the market. Properties spent a median 70 days on market before going under contract, moving 14 days faster than North Carolina’s statewide median of 84 days.
Inventory and pace
Active inventory totaled 4,958 single-family homes across the metro area. The 2.6-month supply calculation reflects the current absorption pace, with 462 properties leaving the market weekly against 261 new entries. This net reduction of 201 listings per week demonstrates sustained buyer activity despite widespread pricing adjustments.
The 70-day median time on market positioned Charlotte homes to sell faster than both state and national benchmarks. Properties moved 14 days quicker than North Carolina’s 84-day median and seven days faster than the national 77-day figure.
Pricing
Charlotte’s $475,000 median list price exceeded both state and national levels by $50,000, representing an 11.8% premium. The metro’s price per square foot reached $222.3, surpassing North Carolina’s $209.0 and the national $209.9.
Among active listings, 53.3% reduced their asking prices during the week, while 1.6% increased prices. The relisting rate stood at 5.6%, indicating most sellers remained committed to their initial market entry rather than withdrawing and returning later.
How it compares
Charlotte metro homes commanded premium pricing relative to broader markets. The $475,000 median exceeded both North Carolina and national medians of $425,000. Similarly, the $222.3 per-square-foot pricing topped state levels by $13.4 and national figures by $12.4.
The metro’s 2.6-month supply sat below North Carolina’s 3.0 months and the national 2.8 months, reflecting tighter inventory conditions despite the high rate of price adjustments.
Monitor the 53.3% price reduction rate against the 462 weekly absorption figure. Track whether the 70-day median market time shifts as sellers adjust pricing strategies. Use the 2.6-month supply metric to gauge inventory pressure. Advise clients that Charlotte’s $50,000 premium over state and national medians creates specific negotiation dynamics in this seller-favorable market.
HousingWire used HW Data to source this story. To see what’s happening in your own local market, generate housing market reports. For enterprise clients looking to license the same market data at a larger scale, visit HW Data.
Nashville’s housing market recorded 7,277 active listings during the week ending Nov. 29, with 39.1% of sellers reducing prices as the metro’s inventory climbed to a 3.4-month supply. The median list price held at $594,900 while price per square foot reached $260.8.
The Music City market absorbed 663 homes during the week against 354 new listings entering the market. Properties spent a median 84 days on market, matching Tennessee’s statewide pace but exceeding the national median of 77 days.
Inventory and pace
Nashville’s 3.4-month supply exceeded both Tennessee’s 3.3 months and the national 2.8-month average. The metro’s 7,277 active listings reflected neutral market conditions, with weekly absorptions outpacing new inventory by nearly 2-to-1.
The 354 properties entering the market represented fresh inventory flow, while 663 homes left active status through sales or other outcomes. Nearly one in four listings (24.4%) had been relisted after previous market exposure.
Pricing
At $594,900, Nashville’s median list price commanded a 36.8% premium over Tennessee’s $434,900 median. The metro’s $260.8 price per square foot exceeded the state’s $220.7 by 18.1% and surpassed the national $209.9 by 24.2%.
Price adjustments dominated seller strategy, with 39.1% of active listings showing reductions while only 2.2% increased prices. This 18-to-1 ratio of cuts to increases marked aggressive seller repositioning.
What to watch
Monitor the 3.4-month supply against absorption rates. Track whether the 39.1% price-cut rate stabilizes or accelerates. Watch the 84-day median DOM for signs of market velocity changes.
Use the 39.1% price reduction rate to counsel sellers on realistic pricing strategies. Track the $594,900 median against the $434,900 state benchmark to identify value opportunities. Monitor the 663 weekly absorption rate to gauge buyer activity levels. Share the 3.4-month supply metric with clients to illustrate current market balance. Advise buyers to leverage the 84-day DOM when negotiating, particularly on properties approaching this threshold.
HousingWire used HW Data to source this story. To see what’s happening in your own local market, generate housing market reports. For enterprise clients looking to license the same market data at a larger scale, visit HW Data.
The Cincinnati-Middletown metro area absorbed 427 homes in the week ending Nov. 29, 2025, outpacing new inventory additions of 347 listings as 41.8% of active properties reduced asking prices. The Ohio metro maintained just 2.3 months of supply, tighter than the national average of 2.8 months, while operating in seller-favorable conditions.
Cincinnati’s median list price of $359,900 exceeded Ohio’s statewide median of $279,000 by 29%, yet the metro achieved faster inventory turnover through strategic price positioning. The market’s price per square foot reached $190, surpassing Ohio’s $162 but remaining 10% below the national level of $210.
Price adjustments fuel buyer activity
Active listings totaled 3,636 single-family homes across the Cincinnati metro, with 41.8% featuring reduced prices compared to less than 1% showing increases at 0.8%. The median days on market held at 49 days, matching Ohio’s state level but beating the national median of 77 days by 28 days.
The absorption rate of 427 homes weekly exceeded new listing activity, creating downward pressure on available inventory. Relisted properties comprised 13.8% of active listings, indicating sellers adjusting strategies to capture buyer interest in the competitive environment.
Metro commands premium over state pricing
Cincinnati’s $359,900 median list price represented a significant premium over Ohio’s broader market, where homes listed at a median $279,000. The price differential reflected the metro’s stronger demand dynamics and tighter inventory conditions compared to statewide averages.
The market maintained 2.3 months of supply, slightly above Ohio’s 2.1 months but well below the national 2.8-month level. This inventory constraint supported seller-favorable conditions despite the high percentage of price reductions occurring across active listings.
What to watch
Monitor the 41.8% price reduction rate as a leading indicator of market velocity. Track whether the 427 weekly absorption pace sustains through winter months. Watch the 13.8% relisting percentage for signs of seller strategy shifts.
Use the 49-day median DOM benchmark when advising clients on realistic marketing timelines. Leverage the $190 per square foot metric for pricing guidance. Share the 2.3 months of supply data to illustrate ongoing inventory constraints affecting buyer options.
HousingWire used HW Data to source this story. To see what’s happening in your own local market, generate housing market reports. For enterprise clients looking to license the same market data at a larger scale, visit HW Data.
Nearly half of Kansas City metro home sellers cut their asking prices in the week ending Nov. 29, 2025, as the market navigates a delicate balance between rising inventory and slowing buyer activity. The 45.2% price reduction rate coincides with active listings climbing to 4,723 homes while weekly absorption dropped to 511 properties.
The surge in price adjustments reflects sellers’ recognition of shifting market dynamics. With inventory up 8.9% from 4,334 homes a year ago and absorbed listings down 11% from 574, the months of supply reached 2.3. Despite these changes, the market maintains seller-favorable conditions, though the gap between supply and demand continues to narrow.
Inventory climbs while buyer activity moderates
Active listings in the Kansas City metro totaled 4,723 single-family homes, marking a notable increase from last year’s levels. New listings added 359 properties to the market during the week, while 511 homes were absorbed through sales or other market exits.
The median days on market stretched to 63 days, up from 56 days a year earlier. This 12.5% increase in marketing time aligns with both state and national trends, as Kansas City matches Missouri’s 63-day median while sitting well below the national median of 77 days.
Price metrics reveal market recalibration
The median list price held relatively steady at $359,485, up 0.5% from $357,530 last year. At $183.3 per square foot, Kansas City homes remain more affordable than the national average of $209.92 per square foot, though pricier than Missouri’s statewide median of $165.51.
Among active listings with price reductions, the median decrease magnitude provides insight into seller flexibility. Meanwhile, only 2.3% of listings increased their asking prices, and 8.1% of properties were relisted after previous market exposure.
Regional positioning shows mixed signals
Kansas City’s 2.3 months of supply sits below both the state level of 2.5 months and the national figure of 2.8 months, indicating relatively tighter conditions locally. The metro’s median price of $359,485 exceeds Missouri’s $305,000 median by 17.9% but remains 15.4% below the national median of $425,000.
The combination of rising inventory, elevated price cuts, and slower absorption suggests Kansas City’s market continues adjusting from the rapid appreciation of recent years. With 45.2% of sellers reducing prices and homes taking a week longer to sell than last year, buyers gain incrementally more negotiating leverage while the market remains in seller territory.
Track the 45.2% price cut rate and 63-day median marketing time to gauge shifting dynamics. Monitor the 2.3-month supply level for signs of further market balance. Use weekly absorption figures of 511 homes against new listing volumes to anticipate inventory trends.
HousingWire used HW Data to source this story. To see what’s happening in your own local market, generate housing market reports. For enterprise clients looking to license the same market data at a larger scale, visit HW Data.
High pressure auctions often mean buyers are spending all their savings on their new homes. Picture Thomas Lisson
First-home buyers are throwing every single dollar to their name into their purchases, with experts warning their $0 in leftover savings is a gamble that’s fuelling growing risks for the housing market.
A Finder report revealed almost half of first-home buyers polled nationally went above their budget, up from 38 per cent in 2022, as soaring prices put pressure on them to spend more.
A rising number of those who overspent said they blew all their savings on their properties.
First-home buyers in this category accounted for about half of those who went over their intended budgets in the past year, according to the Finder research.
Finder noted the primary driver of the trend was rapid home price rises, which meant the budgets that first-home buyers had at the start of their home buying journey were quickly becoming too small.
Sydney house prices climbed an average of $121,000 over the year to December, while unit prices increased by an average of about $52,000, PropTrack figures showed.
MORE: Down $50k: Unexpected suburbs defying home price growth
Buyer demand heavily outweighs supply. Picture Thomas Lisson
It’s created a situation where home buyers are being prompted to throw more of their savings into their purchases to keep up with the extreme rises in prices or risk being locked out of the market.
Finder home loans expert Richard Whitten said it was a dangerous position for first-home buyers to be in.
“Buying a property without any savings left over means you’ll face a lean couple of years as you make your repayments and try to put a bit extra aside,” he said.
“Emergency expenses can hit us all at any time, and a buyer in this position will be unprepared.”
Mr Whitten added that a glut of first-home buyers with zero savings could be problematic for the wider market in an environment where interest rate hikes are no longer off the table.
“If interest rates rise in 2026, which is a possibility, a buyer with no savings will struggle to save even more as their repayments increase further,” he said.
MORE: Lisa Wilkinson’s new $15m ‘castle’ after cash loss
Three of the big four banks now say we are at the end of the rate cutting cycle. Picture: NCA Newswire
This week ANZ joined NAB and CBA in revising earlier forecasts of more interest rate cuts in 2026, saying it expected no further cuts to come in the foreseeable future.
Half the 28 economists surveyed in a monthly Finder consumer sentiment survey agreed, saying they expected no more cuts. A third said a hike in rates was a prospect in the next six months.
Geoffrey Kingston at the Macquarie University Business School said the Reserve Bank would likely “sit on its hands” at its next board meeting on Tuesday but added “we will probably see one or two rises in the cash rate” over 2026.
My Housing Market economist Andrew Wilson said the RBA “may have some difficult decisions in 2026 if inflation keeps rising as expected and the recent modest weakening of the labour market intensifies”.
Sydney couple Jitin and Anupama Vyas said there were in a comfortable position now but did feel pressure to spend more when they were seeking a home.
“When you are looking for a property in Sydney, you don’t really like anything because what you do like, you can’t own because it’s beyond your reach,” Mr Vyas said. “We managed to get something we liked in Cherrybrook, so we wanted to do it even if it was a stretch.”
They were contacted by their mortgage broker after six months in their new home, when Mr Vyas said they were feeling “stretched” by their mortgage.
“After the mortgage, there were a few rate cuts, but they were not helping much,” he said. “Anything, even a $100 drop would help us.”
Jitin Vyas pictured at his home in Cherrybrook with wife Anupama and children Dhriti and Avyukt. Picture: Monique Harmer
Mortgage Choice broker Terence Hammond helped them refinance their loan and said it was “good practice” for homeowners to review their loan every six to 12 months.
“It’s also worth reviewing whenever your circumstances change, be it financial or product related,” he said. “Don’t expect your bank to call you out of the blue and offer you a cheaper rate.”
– With additional reporting by Owen Raymond
The post Left with $0 in bank: homebuyers taking risky gamble appeared first on realestate.com.au.
Wolf Creek double Chris Olver (left) has built his own wild west village while ‘Australia’s Schitt’s Creek’ (centre) and Maldon’s Porcupine Village (right) are set to get new leases on life. Pictures: Tim Carrafa/Supplied/Rob Leeson.
A Victorian ghost town dubbed “Australia’s Schitt’s Creek” has just been sold off, from its hotel to its mining ruins, in a seven-figure deal that’s taken three years to be sealed.
It comes as a Maldon colonial village is preparing to re-open to tourists and a Victorian man in his 80s who’s been coached by John Jarratt to impersonate Wolf Creek serial killer Mick Taylor has revealed he’s still taking care of his own mannequin-filled wild west town.
The impressive village comes complete with a film house, brothel, saloon, grave yard and jail.
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In the most recent transaction, the former Gippsland mining town Coopers Creek has finalised a torturous sales effort that began in 2022 when it was put up for sale for $2.5m-$3m and advertised as the Aussie Schitt’s Creek.
Schitt’s Creek, a Canadian television show about a wealthy family fallen on hard times who moves to a small town they bought as a joke, ran for six seasons.
Coopers Creek was settled in the 1860s Gold Rush, but its hotel shut in 1952 and most of the buildings became derelicts.
An entrepreneur later bought up the town’s titles and passed the 4.45ha land parcel onto his family, and his son reopened and ran the pub until 2007.
The ex-mining town of Coopers Creek in Gippsland has a new owner after being put on the market in 2022. It became known as “Australia’s Schitt’s Creek” during the sales campaign.
Actors Catherine O’Hara, Dan Levy and Eugene Levy in the hit television show Schitt’s Creek which aired on the ABC in Australia. Picture: Supplied.
Coopers Creek was established in the in the 1860s.
Jellis Craig North East’s Ian Mason said the ghost town had sold not long after being listed, but the deal never settled, with another buyer snapping up the property off-market in November.
Mr Mason declined to comment on the price, but industry sources indicated it was a seven-figure deal.
“The new owner is local to that part of the state and is going to use it for their family to go and camp and enjoy the environment there,” Mr Mason said.
It’s not the only uninhabited Victorian village to encounter false starts after being put on the market.
Chris Olver in the wild west village he has built across more than two decades at his Yandoit property. Picture: Tim Carrafa.
Mr Olver named his village Cross Creek in honour of a town from the 1956 movie The Fastest Gun Alive.
Mr Olver also acts as a double for Wolf Creek actor John Jarratt at events and charity gigs. He’s pictured in character as serial killer Mick Taylor.
The wild west village of Cross Creek, near Castlemaine, was built by Chris Olver, a fan of western films and stand-in for Wolf Creek actor John Jarratt at events such as the comic and gaming convention Supanova and charity gigs.
Mr Olver, 80, used recycled materials he collected as a truck driver for the project at his and wife Shirley’s property in Yandoit.
He’s now spent more than two decades putting together Cross Creek which even has a replica church, stagecoach booking office, blacksmith and mannequins in period costume.
“It actually got a little bit out of hand, because I started off, I built one, and then I built another one,” Mr Olver said.
“Before I knew it, I had a bit of a town on my hands.”
The Cross Creek church has a mannequin priest and congregation. Picture: Tim Carrafa.
There’s also cemetery with false gravestones and a mining set-up, as a nod to Yandoit’s Gold Rush history.
Cross Creek is not open to the public but Mr Olver occasionally hosts car clubs, university student film shoots and organisations like Probus in return for a donation. Picture: Tim Carrafa.
Mr Olver enjoys watching old movies on the picture theatre’s 16mm projector, hosting family and friends in summer, and welcoming the occasional car club or Probus visit.
In 2023, he and Shirley put their home on the market due to “no longer being spring chickens” but ended up opting not to sell as they love living there.
Mr Olver is also part of the Wolf Creek Travelling Show which promotes Australian film and raises funds for good causes.
Organisers Glenn Bertram and Lyndon Holt recruited Mr Olver as stand-in for actor John Jarratt who portrayed Wolf Creek’s main character, sadistic serial killer Mick Taylor.
“John Jarrett showed me exactly how and what I had to do,” Mr Olver said.
“He told me, ‘Look, go down the bush to start talking to trees, or start talking to kangaroos in the Mick Taylor voice and chuckle and get it right because people will ask you to do it’.”
Five years ago, Maldon’s Porcupine Village sold to a new owner who is hoping to re-open it to the public. Manager Doug Baird stands in the main street. Picture: Rob Leeson.
There’s an old-style undertakers at the village complete with coffins. Picture: Rob Leeson.
And about 26km away, the former Porcupine Village tourist attraction in Maldon is still preparing to reopen to the public after closing in 2005.
Records show the site, a mix of Gold Rush-era buildings and duplicates, sold for $1.75m five years ago.
In June 2025, then-Planning Minister Sonya Kilkenny granted a permit for a $1.9m upgrade at the village including a function centre and museum, wildlife park and motel.
An opening date of late 2025 has been reported in relation to the reopening, but it does not appear to have been met.
Porcupine Village was contacted for comment.
Porcupine Village features a Cobb & Co office. The stagecoach business ran until 1924 when its last service operated in Queensland. Picture: Rob Leeson.
VICTORIA’S WILD WEST TOWNS
Coopers Creek, Gippsland – known as “Australia’s Schitt’s Creek”
Former 1860s Gold Rush town
Features: two campsites, two-bedroom home, closed hotel and mining ruins.
Cross Creek, Yandoit
Private village built by homeowner Chris Olver on his property
Features: saloon, courthouse, jail, general store, church, blacksmith, picture theatre, stagecoach booking office, brothel and grain store.
Porcupine Village, Maldon
Replica 1850s gold mining town
Features: 32 buildings, some original to the era and some replicas, including a bathhouse, hotel, funeral parlour, school, blacksmith, post office, doctors’ surgery, dressmaker, mining supplies store, police station, general store, butcher, bank and homes.
The historic gold mining town of Walhalla. Picture: Mark Stewart.
Walhalla, Gippsland
Well-preserved 19th-century gold mining town
Features: heritage buildings such as shops and hotels, the Long Tunnel Extended Gold Mine tourist attraction, Walhalla Goldfields Railway and Walhalla Tramline Walkway.
Pioneer Settlement, Swan Hill
Living history museum
Features: About 50 buildings from the 1830s to the 1930s such as a blacksmith, general store, schoolhouse, homesteads, post office, bakery, coach house and print shop with an original treadle press.
The Sovereign Hill tourist attraction is located in Golden Point, near Ballarat.
Sovereign Hill, Golden Point
Open-air museum of a recreated 1850s gold rush town
Features: About 60 buildings, including shops, hotels, a theatre, schools, dwellings, jeweller, apothecary and bakery, plus underground mines.
Howqua Hills historic area, High Country
Former gold mining region
Features: Historic huts, a 100m-long tunnel named Tunnel Bend built in 1884, the remains of a brick chimney and smelting furnace.
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The post Victorian ghost town ‘Australia’s Schitt’s Creek’ finally sold appeared first on realestate.com.au.
The number of Queensland suburbs with median house values under $500,000 has tanked, with just 118 locales now with what was once that affordable price tag.
Just five years ago, there were 510 suburbs with a median house price at or below $500,000, marking an almost 77 per cent decrease in affordable housing under that threshhold, analysis by News Corp found.
To put that number into perspective, there are 1008 house suburbs across the state, with 387 suburbs now costing buyers north of $1 million, according to the latest REA Market Trends report.
23 Flinders Drive, Moranbah, is listed for $448,000
Meanwhile, a staggering 41 suburbs now cost north of $2 million, with eight of those now over $3 million.
In 2020, there were just 62 suburbs with median house values north of $1 million, according to REA data, and just three suburbs – Main Beach, Surfers Paradise and Teneriffe – had $2 million-plus price tags.
It comes after the final PropTrack Home Price Index of the year revealed that Brisbane’s median house price rose 13. 68 per cent, or $136,300, to hit $1.15 million in 2025, rising three times faster than Melbourne.
Meanwhile, the combined median house value across regional Queensland rose 12.52 per cent or $94,300 in just one year.
And even more sub-$500,000 suburbs are tipped to go extinct in 2026.
5 Bunda Street, Bundaberg East is listed for offers over $489,000
REA Group senior economist Anne Flaherty said the number of homes selling below the $500,000 level has fallen significantly across Queensland in recent years.
“This number is expected to drop even further in 2026 with prices predicted to continue rising across the state,” Ms Flaherty said.
“Home values have jumped considerably across Queensland in recent years, with some regions seeing home prices double over just the past five years alone.
“During the pandemic years, high levels of interstate migration and low interest rates drove a substantial uplift in values.
“More recently, a shortage of new housing supply relative to the rate of population growth, as well as strong investor demand, have continued to push prices higher.”
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Realestate.com.au economist Anne Flaherty
Of the suburbs with median house values still at or below $500,000, only three are located in the Greater Brisbane region and none are on the mainland.
They are Russell Island ($445,000), Lamb Island ($457,500) and Macleay Island ($495,000) but all three have seen home values increase by more than 111.9 per cent in the past five years, with Lamb Island recording price growth of 28.7 per cent in the past year alone.
15 Lemontree Dr, Macleay Island, is listed for $470,000
There are no house suburbs left under $500,000 on the Sunshine Coast.
Meanwhile, there are just two suburbs left in that price bracket on the Gold Coast including embattled South Stradbroke Island ($235,000) where the majority of properties are located in the shuttered Couran Cove Resort which has had all power, water and gas services switched off due to an ongoing legal dispute between the resort owner and body corporates.
Residents at Couran Cove Resort are living off-grid
The only other sub-$500,000 suburb left on the Gold Coast is Stapylton ($420,000).
Up north, the Cairns region has 18 suburbs at or below the magic $500,000 threshhold, ranging from Mourilyan ($281,000) to Innisfail Estate and Cullinane ($500,000).
4 Cairns St, Tully, is listed for $479,000
But there are no longer any house suburbs in Cairns itself under that price tag.
There are 12 suburbs in the Townville region with a median house price below $500,000, including four in the garrison city itself – Cungulla, Yabulu, Balgal Beach and Vincent.
491 Stuart Drive, Stuart, in Townsville is listed for offers over $485,000
Further south, there are eight suburbs, mostly in mining towns, in the Mackay-Isaac Whitsunday region.
The Central Queensland region is home to 18 suburbs under $500,000, including Rockhampton City and West Gladstone.
84 Bawden Street, Berserker, a suburb of Rockhampton, is listed for offers over $475,000
There are 16 suburbs remaining in the Wide Bay region, 19 in the Darling Downs-Maranoa and 21 in the Queensland Outback region, which includes Hughenden, Charleville, Barcaldine, Longreach, Karumba and Cooktown.
12 Cardinal Court in the mining town of Blackwater is listed for offers over $449,000
Real Estate Buyers Agents Association of Australia (REEBA) Queensland state representative Melinda Granzien said the Sunshine State’s property market remained firmly resilient through 2025, with both Brisbane and many regional centres experiencing strong buyer activity, limited supply, and short selling timeframes.
“There has been a significant rise in demand for townhouses and units, as buyers adjust expectations to align with current borrowing capacity,” she said.
“While affordability will continue to influence decisions, Queensland is well positioned for steady, sustainable conditions in the year ahead.”
13 Bauhinia Street, Gatton, west of Brisbane, is listed for offers over $475,000
Ms Flaherty said prices were expected to keep rising across Queensland in 2026, especially in the southeast.
“Greater Brisbane, the Gold Coast and the Sunshine Coast have all seen extraordinary growth in recent years, almost doubling from five years ago,” she said.
“The only real fix is more supply. Without faster planning, more land releases and a step-up in construction, affordability will continue to worsen.”
Meanwhile, Canstar’s 9th annual Consumer Pulse Report recently revealed that the cost of housing was the number one concern for Aussies going into 2026.
The report said that housing costs had been the most common concern for four years in a row, and is more than double what it was five years ago.
Canstar’s data insights director Sally Tindall said that while three rate cuts had helped, it was not nearly enough to unwind years of surging mortgage costs and escalating rents.
“It’s also telling that just over one-quarter of property owners are considering selling in the next two years, with some motivated by the fact that their repayments have become too hard to manage,” Ms Tindall said.
“That’s a clear signal that mortgage stress hasn’t eased.”
Canstar’s Sally Tindall. Picture: Tim Hunter.
The annual PropTrack Housing Affordability report also recently revealed that housing affordability remains near its worst level on record, despite a slight improvement nationally this year.
“Meaningful price relief (in Queensland) is unlikely in 2026,” Ms Flaherty warned.
“Demand remains strong and new housing supply isn’t expected to catch up to population growth for some time, pointing to higher property prices.”
***
WHAT’S LEFT: SUBURBS WITH MEDIAN HOUSE VALUES UNDER $500,000
GREATER BRISBANE
Russell Island
Lamb Island
Macleay Island
CAIRNS
Mourilyan
Innisfail
East Innisfail
South Johnstone
Ravenshoe
Tully
Cardwell
South Innisfail
Herberton
Silkwood
Belvedere
Malanda
Babinda
Mareeba
Mossman
Wonga Beach
Innisfail Estate
Cullinane
CENTRAL QLD
Sapphire Central
Taroom
Blackwater
Moura
Mount Morgan
Capella
Depot Hill
Springsure
Biloela
Rockhampton City
Barney Point
Toolooa
Berserker
Allenstown
Emerald
Koongal
West Gladstone
Sun Valley
DARLING DOWNS-MARANOA
Dirranbandi
Mitchell
Tara
Wandoan
Jandowae
Inglewood
St George
Texas
Miles
Roma
Millmerran
Yarraman
Wallangarra
Chinchilla
Clifton
Dalby
Maryvale
Goondiwindi
Oakey
GOLD COAST
South Stradbroke
Stapylton
MACKAY-ISAAC-WHITSUNDAY
Collinsville
Scottville
Dysart
Clermont
Nebo
Finch Hatton
Moranbah
Sarina
QUEENSLAND OUTBACK
Cunnamulla
Hughenden
Charleville
Quilpie
Pioneer
Menzies
Barcaldine
Townview
The Gap
Blackall
Mornington
Sunset
Happy Valley
Cloncurry
Longreach
Soldiers Hill
Winston
Parkside
Karumba
Healy
Cooktown
TOWNSVILLE
Charters Towers City
Home Hill
Queenton
Ingham
Richmond Hill
Ayr
Forrest Beach
Cungulla
Yabulu
Millchester
Balgal Beach
Vincent
WIDE BAY
Mundubbera
Mount Perry
Monto
Biggenden
Murgon
Gayndah
Wondai
Nanango
Goomeri
Gin Gin
Aldershot
Avondale
Winfield
Granville
Childers
Tiaro
The post Qld’s affordable suburbs vanish as sub-$500,000 house market is wiped out appeared first on realestate.com.au.
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