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Newcastle Herald
Newcastle Herald
National
Jade Lazarevic

Newcastle and Lake Macquarie named among top six fastest-declining property markets in regional Australia

Newcastle Lake Macquarie Australia Eliza Owen CoreLogic

NEW data has revealed that Newcastle and Lake Macquarie are among the fastest-declining property markets in regional Australia.

Newcastle and Lake Macquarie are among six regional areas that have recorded the fastest declining property markets according to new CoreLogic data.

CoreLogic's Regional Market Update, which examines Australia's 25 largest non-capital city regions, shows house values in six of the most popular lifestyle markets that had the strongest value growth through the upswing have recorded falls of 6 per cent or more last quarter.

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