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Where house prices are falling the most in Sydney, Melbourne
Hit harder by rate rises, the top-tier fell first. But now the slowdown is headed for the bottom end after the federal budget’s tax shake-up, say analysts.
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afr.com
‘Downturn is deepening’: Sydney prices fall faster as clearances crash
Prices in Sydney and Melbourne could fall by 8 per cent by the end of the year as auction clearance rates slump to near the lowest on record.
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theage.com.au
House price fall could slice $100,000 from your home’s value
Economists believed house prices were going to fall even before the budget’s tax changes. Now there’s a price tag on those falls – up to $100,000.
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The suburbs where the most homes are failing to sell at auction
Some areas have recorded double-digit drops in their auction clearance rates as interest rate increases bite and investors pull back.
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Where house prices are falling the most in Sydney, Melbourne
Hit harder by rate rises, the top-tier fell first. But now the slowdown is headed for the bottom end after the federal budget’s tax shake-up, say analysts.
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abc.net.au
Sydney, Melbourne tipped to lead housing price drops as market cools
House price falls of up to 7 and 8 per cent in Sydney and Melbourne have been forecast for the year ahead, according to Domain. But it's far from doom and gloom for existing…
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Sydney house prices could fall up to $122k next financial year: Domain
Houses at Sydney’s top end are expected to take the biggest hit, while Melbourne’s median could slip below $1 million in 2026-27.