Open accessibility guideSkip to sections navigationSkip to contentSkip to footerThe Sydney Morning Herald logoThe Sydney Morning Herald logoAdvertisementNationalHouse prices around the country have fallen as negative gearing changes kick in on top of high interest rates.Updated July 1, 2026 — 6:06am,first published 6:04amLoadingLatest in VideosVideo icon2:17Socceroos depart base for knockout roundVideo icon0:27Lakes announce LeBron is leaving franchiseVideo icon0:35Mexican fans try to keep Ecuador players up all nightVideo icon0:52Everything changing as new financial year beginsAdvertisementThe Sydney Morning Herald logoTwitterFacebookInstagramRSSOur SitesThe Sydney Morning HeraldThe AgeBrisbane TimesWAtodayThe Australian Financial Reviewnine.com.auDriveClassifiedsTributesPlace your adThe Sydney Morning HeraldContact & supportAdvertise with usNewslettersAccessibility guideSitemapPhoto salesPurchase front pagesContent licensingWork with usTerms of usePrivacy policyPress CouncilCharter of Editorial IndependenceAI Editorial GuidelinesProducts & ServicesSubscription packagesMy accountSubscriber FAQsDelivery statusToday’s PaperGood Food GuideDaily PuzzlesCopyright © 2026Subscribe
House prices plummet as tax changes kick in
House prices around the country have fallen as negative gearing changes kick in on top of high interest rates.











