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1.Market Observations, 8.Was Sticky

6 June 2018 (AFR) – Brisbane apartment prices have fallen more than 20 per cent, says Corelogic data

(6 June 2018, AFR, p30, by Su-Lin Tan )

Sydney change in dwelling values (CoreLogic)

Sydney change in dwelling values (CoreLogic)

Brisbane apartments and Sydney units in the north-west corridor have suffered the greatest decline in values since their peak, data from Corelogic shows. Re-sale prices of apartments in the north of the Brisbane CBD, Moreton Bay, Logan and Ipswich have dropped more than 20 per cent compared with their original selling prices at different times of their peaks over the past few years.  Apartments in the Hills and Hawkesbury area in the north-west corridor of Sydney have also fallen 19 per cent since they peaked last year.’

Read more (and see teh bar charts for other state capitals) at AFR.com (might need AFR login access, or try: AFR.com/trial)

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