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Where Aussies can score $32,000 off property – Yahoo Finance Australia
This state was hit by Covid-19 the hardest.
Melbourne house prices plummeted $32,000 over the three months to June, recording the steepest quarterly fall of all the major capital cities, new data from Domain has revealed.
The 3.5 per cent slump marks the first fall since early 2019, and bucks Melbournes recovery from the 2017 to 2019 slump.
Unit prices held up better than house prices, falling $9,000 on average (1.7 per cent) as the impact of the pandemic took its toll.
And Domains senior research analyst, Nicola Powell, warned that t…
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