High-End Property Sees Steep Price Falls in Major Cities
Analysis shows upper-quartile house values in Sydney and Melbourne have fallen more than 10% from their highest points. In contrast, the more affordable segments of the market are proving to be resilient.
This trend suggests opportunities for buyers in Melbourne's western growth corridor, where properties are generally more affordable. Investors might find value in this segment, while high-end sellers could face longer market times.
Summarised by Ravs Realtors from reporting by The Guardian.



