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The Guardian - AU
The Guardian - AU
National
Luca Ittimani

Property prices are plunging in almost every capital city across Australia – see how your suburb rates

A
House prices in Australia are at the same point they were a year ago, the latest Cotality data shows. Photograph: Hollie Adams/Reuters

Housing prices are falling in almost every suburb in Australia’s biggest cities, with values dropping faster in Brisbane than Sydney as the slowdown intensifies.

Prices nationally have fallen 5.2% from their peak in March to where they were a year ago, Cotality data released on Thursday shows.

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