Sydney’s runaway property prices have finally stumbled, with both house and unit prices falling last quarter, new data shows.
Experts say this marks the end of the five-year property boom, and that further growth this year is unlikely.
In the three months to September, the median house price fell 1.9 per cent over to $1,167,516, making it one of the country’s worst performers, Domain Group’s State of the Market report showed.
Investor John Okgrolic is selling his Cronulla apartment Photo: Steven Woodburn
READ MORE VIA DOMAIN