Regions where property prices are falling in each state

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Tired of getting a constant stream of so-called ‘good news' about the property market? The more cynical among us may be more surprised by the bad news: the regions and suburbs around Australia where property prices have fallen the most over the last 12 months

New South Wales

NSW Property Prices

Queensland

Queensland Property Prices

South Australia

South Australia Property Prices

Tasmania

Tasmania Property Prices

 

Victoria

Victoria Property Prices

Western Australia

Western Australia Property Prices

Source: RP Data, May 2013

 

Can you afford to buy in this suburb? Find out how much you can borrow

Top Suburbs : leumeah , ropes crossing , alderley , alexandra hills , willliamstown

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Comments
  • Ronald says on 21/06/2013 04:42:25 PM

    What sort of unit cost $230k in Ultimo Sydney? The student accomodation near Broadway?

  • bee says on 25/06/2013 04:20:39 PM

    how is beecroft down by 50%? How are they doing their calculations?

  • Ultimate says on 27/06/2013 09:21:13 PM

    yep $230k in Ultimo does indeed sound like the student tiny mezzanine bed studios with shared 'commercial' kitchens at UniLodge on Broadway - pitched as a great investment until they're empty during uni holidays and I'd guess high turnover and hard to get a loan as banks don't like to lend on under 50sq.m.

    But wait - they're planning to build some new hotel-room-style 'cluster' (the new word for shared kitchen) units on Wattle St - and they'll be pitching those 'luxury' (on traffic pollution drain) units for like $420pw - aimed at rich Chinese parents wanting safe new luxury accommodation for their prince-lings ...

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