Author
Jacqueline So is the Asia-Pacific News Editor - Law at Key Media. She was a former features writer at Your Investment Property Magazine.
The bottom continues to fall out from under Darwin as property prices yet again dropped in the three months to November 2019, causing it to be once more branded as the poorest performer among Australia’s capital cities, after briefly relinquishing the title to Perth.
Sydney seems to have bounced back from the decline experienced in 2019 hardly any worse for wear. While it lost out on being the top capital city market in the country in the three months to November 2019, it has charged into the new decade with a lot of promise. However, it may not have the same star power it once did.
It experienced a shaky period in 2019, but Melbourne wouldn’t stay down for long as it closed the year as the strongest capital city market in Australia according to CoreLogic’s Home Value Index for November 2019.