ANZ logo
ANZ

May 18, 2026

Australia Dwelling Prices and Budget 2026-27

Macro ThematicReal EstateMacro Economic IndicatorsReal EstateFinancials

The 2026-27 Australian Budget's tax changes to CGT and negative gearing are projected to lower long-term housing prices by approximately 2%. Near-term market trends will be determined by investor behavioral responses, monitorable via high-frequency auction and listing data.

Key Takeaways

  • 1.The 2026-27 Budget's changes to capital gains tax (CGT) and negative gearing are expected to result in a modest long-term reduction in housing prices, likely around 2% lower than otherwise.
  • 2.Near-term price effects are uncertain and depend on whether investors choose to sell immediately or hold grandfathered assets.
  • 3.High-frequency data such as auction clearance rates and listings will be the primary indicator for the immediate market reaction.

Table of Contents

  • Authors
  • Australia's dwelling prices and Budget 2026-27
  • Important Notice

Document Preview

Page 1 of 5
Page 1 of Australia Dwelling Prices and Budget 2026-27
Subscribe for full access

Access the Full Report

Get unlimited access to institutional research reports with a 14-day free trial.

Authors

Adam BoytonMadeline Dunk

Themes

Tax Policy and Housing AffordabilitySupply vs Demand Dynamics

Regions

Asia PacificAustralia