The suburbs where the property market has fallen most

 Property values have already fallen by as much as $200,000 in some neighbourhoods, new figures show, as pricey inner city suburbs lead the broader market downturn.

Higher-income households tend to hold more debt relative to incomes and can be more sensitive to rising interest rates, CoreLogic research found, even as the broader property market edges down more slowly.


In Sydney, house values in Beaconsfield, near Alexandria, have dropped 8.5 per cent in the three months to April, a fall of about $168,000 to a median $1.808 million.

Read More: https://www.smh.com.au/property/news/the-suburbs-where-the-property-market-has-fallen-most-20220526-p5aorr.html


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