2GB with John Stanley: Property Downturn Spreads Beyond Sydney

2GB with John Stanley: Property Downturn Spreads Beyond Sydney

July 8, 2026 · 9 min

About this episode

Peter O'Malley discusses the spreading property downturn in Australia beyond Sydney and Melbourne on 2GB Nights with John Stanley.

On 2GB Nights with John Stanley, Peter O'Malley from Harris Partners explains why Australia’s property downturn is no longer confined to Sydney and Melbourne. As auction clearance rates weaken across more capital cities, the discussion explores the widening disconnect between buyers and sellers, and why confidence—not just interest rates—is shaping the market. They also discuss: The property downturn spreading into more Australian capital cities Why slowing property activity ...

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