{"id":23471,"date":"2020-02-03T11:08:05","date_gmt":"2020-02-02T22:08:05","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=23471"},"modified":"2020-02-03T11:08:14","modified_gmt":"2020-02-02T22:08:14","slug":"the-sydney-suburbs-where-median-property-prices-are-lower-than-five-years-ago","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/the-sydney-suburbs-where-median-property-prices-are-lower-than-five-years-ago\/","title":{"rendered":"The Sydney suburbs where median property prices are lower than five years ago"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>PHOTO:  Forest Lodge is one of a handful of suburbs where median prices are lower than they were five years ago.\u00a0Photo:\u00a0Cole Bennetts <\/strong><\/p>\n\n\n\n<p class=\"has-drop-cap wp-block-paragraph\">Sydney real estate is back on the rise, but prices in some suburbs remain lower than they were five years ago \u2013 with new supply putting downward pressure on the market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Median prices across a handful of suburbs are lower than they were in 2014, according to the latest&nbsp;<em><a href=\"https:\/\/www.domain.com.au\/research\/house-price-report\/december-2019\/\">Domain House Price Report,&nbsp;<\/a><\/em>despite the market rebound in recent months.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Unit medians in eight suburbs are down over five years, with two suburbs also recording a fall in median house prices as block sizes shrank.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" data-src=\"https:\/\/res.akamaized.net\/domain\/image\/upload\/t_web\/v1561097052\/405_at_147_Ross_Street_Forest_Lodge_NSW_2_tqqnnx.jpg\" alt=\"405.147 Ross Street Forest Lodge NSW high res\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" \/><figcaption>Forest Lodge has a median unit price of $940,000, 8.1 per cent below where it was five years ago. Photo: Supplied<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The inner-west suburb of Forest Lodge recorded the biggest hit to median unit prices over the five years to December, with an 8.1 per cent drop to a median of $940,000.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">READ MORE VIA DOMAIN<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Forest Lodge is one of a handful of suburbs<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/the-sydney-suburbs-where-median-property-prices-are-lower-than-five-years-ago\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":23472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478103303,478108639,478098579,478098536,478099136,478098618,478103893,478108228,478103280],"class_list":["entry","author-data123nz","post-23471","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-domain-house-price-report","tag-forest-lodge","tag-property-market","tag-sydney","tag-sydney-house-prices","tag-sydney-property","tag-sydney-real-estate","tag-sydney-real-estate-agency","tag-sydney-real-estate-agent"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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