{"id":22559,"date":"2019-12-10T15:00:37","date_gmt":"2019-12-10T02:00:37","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=22559"},"modified":"2019-12-10T15:00:40","modified_gmt":"2019-12-10T02:00:40","slug":"8-australian-property-regions-to-avoid-in-2020","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/8-australian-property-regions-to-avoid-in-2020\/","title":{"rendered":"8 Australian property regions to avoid in 2020"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>PHOTO:  The Sydney suburb of Illawarra from above on a summer day. (Source: Getty) <\/strong><\/p>\n\n\n\n<p class=\"has-drop-cap wp-block-paragraph\">The property market\u00a0<a href=\"https:\/\/au.finance.yahoo.com\/news\/australian-property-market-surges-back-to-growth-002405772.html\">registered an uptick in the second half of the year<\/a>, but that doesn\u2019t mean all of Australia enjoyed the good news.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the experts, there are some&nbsp;<a href=\"https:\/\/au.finance.yahoo.com\/news\/the-10-hotspots-hand-picked-for-property-price-growth-in-2020-195903830.html\">hotspots<\/a>&nbsp;(and&nbsp;<a href=\"https:\/\/au.finance.yahoo.com\/news\/regional-property-hotspot-004053386.html\">some in regional areas<\/a>) that buyers should be keeping an eye on in 2020 \u2013 but also some that Australians should black-list.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIn terms of sales volumes, most regions of Australia have generally seen a much lower number of transactional activity this year relative to last with confidence clearly weighing down on market participation, even the regions with the highest change in sales activity recorded less than a 1 per cent change annually,\u201d stated CoreLogic\u2019s\u00a0<em>Regional Market Update October 2019<\/em>\u00a0report.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u2019re house-hunting, data from CoreLogic has revealed there are nine suburbs that you should avoid, with these areas registering the greatest falls in property values in 2019.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">House price growth in NSW\u2019s Illawarra region dropped by 5.9 per cent this year, closely followed by Southern Highlands and Shoalhaven at 5.6 per cent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cHouses are sitting on the market for over 100 days across the Southern Highlands &amp; Shoalhaven region of NSW,\u201d the report said.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Worst-performing regional areas in 2019: Houses<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/Y_t9asImY.kM4vpiQG1eWw--~A\/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9ODAw\/https:\/\/media-mbst-pub-ue1.s3.amazonaws.com\/creatr-uploaded-images\/2019-12\/c7978f20-1adb-11ea-b73b-8362bb6c842a\" alt=\"(Source: CoreLogic)\"\/><figcaption>(Source: CoreLogic)<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">READ MORE VIA <a href=\"https:\/\/au.finance.yahoo.com\/news\/8-property-regions-avoid-2020-232201971.html\">YAHOO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: The Sydney suburb of Illawarra from above on a<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/8-australian-property-regions-to-avoid-in-2020\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":22560,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098892,478101250,478100649,478098536,478099136,478100388],"class_list":["entry","author-data123nz","post-22559","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-corelogic","tag-illawarra","tag-illawarra-real-estate-agent","tag-sydney","tag-sydney-house-prices","tag-sydney-suburbs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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