Tim Lawless

speaker
584 appearances 2 recordings 2 series first heard Jun 2026 last heard 8 Jul

Tim Lawless’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 2 in all, peaking in Jul 2026 with 1.

Appearances

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Yeah, it's still very, very expensive markets.
And these are some of the weakest markets in Sydney as well, these very expensive markets.
But I think that's more cyclical than a long-term.
When you say weakest market, what do you mean?
Well, some of those markets that are quite affluent, eastern suburbs, great example, or the lower North Shore or getting into the northern beaches.
These are markets where values are falling at the most rapid rate at the moment in Sydney.
These are blue chip areas, but they do tend to be a little bit more volatile.
So I think once we start to see the market turning around, Churak or the eastern suburbs in Melbourne is another really good example of quite weak markets at the moment.
Are you seeing significant price reductions there?
Some markets around these really high-end blue-chip markets are down more than 10% already.
Absolutely.
Wow.
I think they might have been peaked a trough on those numbers.
Yeah.
But yeah, it's probably worsened a little bit since we've spoken and the budget was handed down.
So not significantly.
I still think overall, a macro view of about a 10% drop in housing prices, given the context of the strength of the upswing and how much equity people hold in their homes.
If you go to Brisbane and you see housing prices fall by 10%, you're getting back to levels we've last seen in September last year.
It's not that large a fall in the context of the upswing.
But if you see a 10% fall in Melbourne values from the current level, you're getting back to 2019.
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