@7newsq: Hundreds of thousands of dollars have been wiped from the value of some homes in the south-east over the past three months. Only two suburbs in greater Brisbane managed to escape the price plunge as the effects of a fourth interest rate rise this year start to bite.

Scoregasim :

For 1 mil us it needs to be a lot nicer then that!

Anthony Carlson :

it is a good thing!!!! a property for us 99% is supposed to be lived in, raise a family and then pass down to pur children not a FRICKEN 5yr investment!!!!

Flufffy :

Truth is they shouldn’t have gotten to those prices to being with

xGloomyx :

umm why tf is house's so expensive for? does the government want everybody living on the streets or sum? that is unrealistic to be putting a house up for $100,000 when ppl can't even buy everyday things, most ppl can't even make that much money in a year or 2 😭

tyqnhrsg :

Still ALOT more to go

Estee 🇦🇺🇳🇿 :

That old house is not worth anything over 800k. That kitchen will need a gut. The house is dated. Way over inflation.

waitwhat247 :

Who in their right mind would spend $1.2mil on that ahahaha

420 Is My Dad :

Me when I buy a house for 100k, a pack of raisins and a bag of buttons in 1 year 😏

rosspulvirenti :

still too expensive

zandabs :

Why is that house worth over 1mill anyway!!!

Raptor_popsicle :

it’s not a downturn it’s a balancing of whatever the hell happened in 2025 when house prices jumped by 200k by just existing

Scott Collins :

Maybe real estate agents should just work harder 😂😂😂

Mickel :

so after a 60%+ increase in the last 5 years reality is slowly starting to re-enter the housing market, the market needs a 50% reduction

userfccfxrs :

Overpriced in the last few years

PlayfulDemons :

fantastic

Baby Murphy :

fee :

good 👍

Reegz :

Haha

Kylza :

No way is that worth 1.2 mill

SmittyYo :

MORE.

Forever Chasing ☀️ :

Middle Park in the 1M? Tell them they’re dreaming.

Badger :

this is only bad for those who bought this last year and must now leave for some reason. everyone else is still winning

Indi Affliction 🇦🇺 :

now the price price

brendan :

Maybe 700k

prayforandy :

Oh nooo poor real estate agents