120 Simpsons Road, Currumbin Waters
Market Intelligence · November 2026
The fastest moving market I’ve seen. Just in the opposite direction.
Here are three things I’m noticing about the market right now.
1. Buyers’ budgets are pulling back
Interest rates, inflation and the cost of living are doing their thing. Buyers are dialling it back, based on advice from their brokers or when their loans come up for renewal.
Some haven’t been able to sell their own property. Others did sell, but for much less, which means they have less to spend.
2. Sellers have two options
We have about a month left before things dial down for the year. For those selling right now, I think there are really only two options. Get ahead of the market and sell, or trail behind it and stay.
To get ahead, it’s all about pricing. You need to be priced ahead of the market. The most recent comparable sale? You need to be sharper than that.
And by recent, I mean the last one or two weeks. Three months ago is old news and irrelevant.
In the last three months the market has dialled back around 8%. That’s a big chunk, and that data is three months behind, so yes, there is further decline to come.
Median house values · 31 Jul to 31 Oct 2026
7.9% lower in three months.
An average of about $48,900 a month across Palm Beach, Elanora and Currumbin Waters.
Source: Cotality suburb median house values. The average decrease is the total 31 Jul to 31 Oct change divided by three, not individual month readings. A suburb median is a guide to the area, not a valuation of any one home.
3. The floor could be closer than you think
The conversation among agents locally, interstate and nationally is that the market finding its floor could be closer than you think.
I reckon we could be one positive news story away from a sentiment shift.
When sentiment shifts, behaviour shifts. And when behaviour shifts, markets shift.
