Spachus Like Spacious. Australia's Property Transparency Website. Free and paid memberships for property market trends and analysis. Team in Brisbane.
Australia
Joined August 2022
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🏡 There’s more to a property than the asking price.
Spachus Insights helps you understand what’s happening around a listing:
📊 See how the asking price compares with the suburb
🤝 Understand current buyer negotiation conditions
⏱️ See whether the property is taking longer than usual to sell
🔥 Check seller pressure
🏘️ See the live competition from similar properties nearby
And you can track the property for free to see when the price changes, it sells, is removed or gets relisted.
Less guessing. More information before you make a move.
📢 Check out our website.
🏡 Interesting feedback from a real estate agent about one of our price records.
The agent contacted us saying that displaying $3.4 million was misleading because the property was supposedly worth considerably more.
The problem?
The property was advertised by the agent as “Over $3.4m.”
Spachus captured the advertised figure of $3.4m from that listing.
If an agent believes a property is worth substantially more than $3.4m, perhaps the better question is why $3.4m was used in the advertising in the first place.
This is exactly why historical listing data matters.
It provides a record of what buyers were actually shown at the time — not what someone later decides the property should have been worth.
The agent said "it's misleading future purchasers" but aren't they the one's who are misleading?
Maybe the property is now worth less as the Sunshine Coast has dropped 12.1% from the peak in April 2026.
🏠 Melbourne’s property market is showing pressure across the board.
The latest Spachus data:
🔻 89% of tracked sales are selling below asking
🔻 Median sale price is $45,000 below listing
🔻 81% of active priced listings have reduced their asking price
⏱️ Median time to sell is now 92 days
Current listing prices:
Houses — $845,000
Apartments — $599,000
Overall — $755,000
And the overall listing price is now 5.0% lower than 30 days earlier.
#Melbourne #MelbourneProperty #PropertyMarket #RealEstate #Spachus
🏠 We keep hearing that it’s the top end of the property market being hit hardest — but Sydney’s numbers tell a different story.
The percentage of properties selling below asking across the price brackets:
Under $500k — 94%
$500k–$749k — 89%
$750k–$999k — 86%
$1.0m–$1.249m — 88%
$1.25m–$1.499m — 88%
$1.5m–$1.999m — 77%
$2.0m–$2.999m — 67%
$3.0m+ — 81%
So this clearly isn’t just a top-end issue.
The majority of properties are selling below asking in every single price bracket, and the median sale price is also below asking across every bracket. This is why data matters.
Spachus tracks what properties are actually selling for, helping buyers and sellers see what is really happening in the market — not just the headlines.
#Sydney #SydneyProperty #PropertyMarket #RealEstate #Spachus
👇 Breaking Sydney down further by property type tells an interesting story.
🏠 HOUSES — selling below asking
$500k–$749k — 91%
$750k–$999k — 96%
$1.0m–$1.249m — 93%
$1.25m–$1.499m — 92%
$1.5m–$1.999m — 80%
$2.0m–$2.999m — 68%
🏢 APARTMENTS — selling below asking
Under $500k — 93%
$500k–$749k — 87%
$750k–$999k — 75%
$1.0m–$1.249m — 69%
$1.25m–$1.499m — 67%
$1.5m–$1.999m — 55%
The data shows the pressure isn’t confined to expensive property — particularly for Sydney houses, where more than 9 in 10 are selling below asking across several mainstream price brackets. That’s why we track the actual sales data at Spachus.
🏠 Most #Sydney property is selling below asking.
Across 2,211 tracked sales over the past 3 months:
• Under $500k — 93% below asking
• $500k–$749k — 88%
• $750k–$999k — 86%
• $1m–$1.249m — 88%
• $1.25m–$1.499m — 89%
• $1.5m–$1.999m — 77%
• $2m–$2.999m — 68%
• $3m+ — 82%
Even in the busiest price ranges, most properties are still selling below asking.
Spachus Pro lets you dig deeper into the numbers👇
#property #realestate #SydneyProperty
📊 Want to see what’s really happening underneath the property headlines?
With Spachus Pro, you can dig deeper into the market, see insights including:
• How many properties are selling below asking
• Buyer competition by price range
• Median sold vs asking price
• Days to sell
• Market trends and changes over time
👉 spachus.com.au/spachus-pro-p…
📉 #SunshineCoast property prices are weakening.
Latest completed median: $1,152,500 (all property)
🔴 3-month trend change: -4.5%
🏠 Prices back to March 2025
The 3-month trend is a smoothed average of the latest three monthly median sale prices. It helps remove some of the month-to-month noise and shows the underlying direction of the market more clearly.
The latest 3-month trend is now 4.5% lower than last month’s 3-month trend, showing a sharp move lower.
#PropertyMarket #RealEstate #HousingMarket #Spachus
📉 Sellers and agents still aren’t getting the memo.
In #Sydney, 48% of property listings still have no price, even though 86% of properties with a price are selling under.
The market has shifted, but many listings still aren’t reflecting reality.
#SydneyProperty #PropertyMarket #RealEstate #HousingMarket #Spachus
The shift in #Brisbane property has been dramatic:
📅 March 2026: just 19% of properties were selling under their listing price.
📅 September 2026: that had jumped to 72%.
That’s a huge change in buyer power in just six months.
#BrisbaneProperty #PropertyMarket #HousingMarket #RealEstate #Spachus
⚠️ Rate hike risk is rising.
The RBA Deputy Governor says there are signs some Australians no longer expect inflation to return to the RBA’s target — describing that as a “central banker’s nightmare”.
Markets are now pricing in a greater than 50% chance of a November rate hike.
All eyes now turn to the inflation numbers next Wednesday, 28 October.
#RBA #Inflation #InterestRates #Australia