Property hit: affluent inner-city and waterfront suburbs in Sydney and Melbourne have had the sharpest decline in house prices

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Property hit: affluent inner-city and waterfront suburbs in Sydney and Melbourne have had the sharpest decline in house prices

Prices have fallen more than 4 per cent in one Sydney suburb alone since May as the downturn saps buyer confidence at the upper end of the market first.

Sydney and Melbourne house price downturn shows how interest rates and tax changes are hitting blue-chip suburbs hardest

Sydney and Melbourne house prices: experts predict values will continue to fall until November

Australian housing price growth slows across capitals as Sydney and Melbourne lead national downturn

Sydney housing market values fall 0.9pc, faster than Melbourne in May as investor activity and consumer confidence decline

Mortgage brokers brace for slowing property market and weaker profits after capital gains tax, negative gearing changes

Sydney property downturn hits auction clearance rates and what experts say about the budget impact

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Property hit: affluent inner-city and waterfront suburbs in Sydney and Melbourne have had the sharpest decline in house prices

Sydney and Melbourne house price downturn shows how interest rates and tax changes are hitting blue-chip suburbs hardest

Sydney and Melbourne house prices: experts predict values will continue to fall until November

Australian housing price growth slows across capitals as Sydney and Melbourne lead national downturn

Sydney housing market values fall 0.9pc, faster than Melbourne in May as investor activity and consumer confidence decline

Mortgage brokers brace for slowing property market and weaker profits after capital gains tax, negative gearing changes

Sydney property downturn hits auction clearance rates and what experts say about the budget impact