$125k of value wiped from typical Sydney home

Friday 26 April 2019

CoreLogic’s Cameron Kusher has released new data showing the peak-to-trough falls across Australia’s housing markets.

As at March 2019, the typical capital city home had fallen in value by 9.2% from their September 2017, with Darwin (-27.5%), Perth (-18.1%), Sydney (-13.9%) and Melbourne (-10.3%) all suffering heavy losses:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.