Westpac finds 68% of Australians see falling house prices as good for country

Bitget2026/10/30 03:42

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Westpac’s October 30, 2026 Home Ownership Report found 68% of Australians believe falling house prices would benefit the country.
Further property price declines concern 67% of Australians, rising to 75% among homeowners with mortgages.
Home ownership is completely out of reach for the average Australian, according to 82% of respondents.
Among first-time homebuyers, 65% believe they will never be able to buy a home without an inheritance.
National property prices are expected to rise 3% in 2027 following declines, according to the bank’s economists.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Westpac Banking Corporation published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Westpac finds 68% of Australians see falling house prices as good for country

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