Property Markets

The property downturn worst could be over as the Melbourne and Sydney property markets look to have stabilised.

Analysis from a large Australian property valuation company shows our major mainland capital cities are at the bottom of their price cycle after a lengthy period of low clearance rates, price drops and falling confidence.

The property downturn in Australia is deepening and becoming the worst in recent history.

Economists say the concept of ‘FONGO’ (Fear Of Not Getting Out) will see a wave of property sell-offs during this property downturn.

Two of Melbourne’s most popular suburbs – St Kilda East and South Yarra – are two of the locations that have been hardest hit by the property downturn.

Hobart and the Gold Coast’s property markets are starting to benefit from the price downturn in Melbourne and Sydney.

The Melbourne property market downturn could get worse this year after record falls in the later part of 2018.

The property downturn in Melbourne has spread its tentacles far enough to now reach the lower end of the market. Across the nation property prices

Melbourne’s property market is on the slide but affordable housing providers Ingenia Communities and Lifestyle Communities are bucking the trend – and all in outer ring suburbs while they’re at it, as they sell homes to downsizing retirees.

The property market in Sydney had a dark weekend, with auction clearance rates dropping to a new low of around 30 per cent.