While most of Australia’s property market is going from strength to strength, some pockets across the nation’s capital cities are experiencing double-digit house price falls, new Domain data has revealed.
Between March 2019 and December 2020, house prices in southern Sydney suburb Barden Ridge and western Sydney’s Colebee fell by 16.2 per cent and 11.7 per cent respectively.
Similarly, Collaroy, Campsie and Dover Heights prices dropped by 9.3 per cent, 9.1 per cent and 8.7 per cent respectively.
During the same time period in Melbourne, Lower Plenty and Wonga Park dropped by 15.9 per cent and 11.1 per cent, while Warrandyte also saw double-figure price falls of 10.3 per cent.
+INFO: Yahoo
