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The Sydney suburb where house prices dropped $585k – to a new median of $2.95m
The city’s higher-priced suburbs are leading the national slump, with buyers spooked by tax changes and a surge in borrowing costs.
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theage.com.au
The Perth suburbs where home values are starting to drop
Cotality data signals the start of a market downturn, but agents push back on reports of 5 per cent drops in value in key precincts
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afr.com
Slump in housing prices now entrenched across nation’s capitals
In Sydney, the average residential property is now worth almost $100,000 less than at a February peak, with rate rises and Labor’s tax changes taking a toll.
