REBAA: State reforms, federal schemes drive housing market outlook for 2026

Federal housing schemes, state reforms and persistent affordability challenges are defining Australia’s property outlook for 2026, according to the Real Estate Buyers Agents Association of Australia (REBAA).

 

GALLERY  

REBAA president Melinda Jennison says the Australian housing market continues to be shaped by a combination of affordability pressures, higher interest rates and constrained borrowing capacity. She adds that performance varies across capital cities and regional areas in 2025.

“While some markets have experienced softer conditions as higher rates and rising stock levels took the heat out of price growth, others, particularly those still perceived as relatively affordable, have remained resilient, underpinned by population growth, tight rental markets and limited new housing supply,” she says. 

“Across the country, demand for well-located, quality homes and investment-grade  assets has remained solid, even as many buyers adjust expectations on budget,  location and dwelling type.” 

The REBAA believes that lower-value market tiers and more affordable corridors in several cities continue to attract strong interest from first-home buyers, especially since the introduction of the Federal Government’s First Home Guarantee Scheme, while some premium segments have normalised after the rapid gains of previous years. 

“Overall, the national picture is one of divergent but generally stable market performance, with local economic conditions, migration trends and policy settings all playing a role,” she explains.  

“In this environment, professional buyer’s agents have become increasingly important in helping home buyers and investors navigate competitive and complex conditions.”

Image courtesy of Kenny Eliason, Unsplash.






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