{"id":24406,"date":"2020-04-01T15:38:40","date_gmt":"2020-04-01T02:38:40","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=24406"},"modified":"2020-04-01T15:38:45","modified_gmt":"2020-04-01T02:38:45","slug":"ritzy-coronavirus-suburbs-could-see-property-prices-plummet","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/ritzy-coronavirus-suburbs-could-see-property-prices-plummet\/","title":{"rendered":"Ritzy coronavirus suburbs could see property prices plummet"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>PHOTO: Bondi has been one of NSW&#8217;s coronavirus hotspots. Images: Getty, NSW Health<\/strong><\/p>\n\n\n\n<p class=\"has-drop-cap wp-block-paragraph\">NSW suburbs with the highest number of coronavirus cases may also be the worst-hit by a coronavirus-induced property downturn, if historical trends hold up.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Affluent local government areas including Waverley and Woollahra have been named NSW\u2019s coronavirus hotspots in new data from NSW Health this week.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Waverley local government area includes Bondi, Bronte, Vaucluse and Tamarama and is home to 105 of the state\u2019s 1,405 confirmed Covid-19 cases. The median house price in the suburb of Waverley is $2.07 million, according to Realestate.com.au data, while the median house price in Bondi is $2.63 million.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Sydney CBD has 69 cases and the northern beaches has 68 confirmed cases.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fellow beachside region, Woollahra, has 66 confirmed cases, and includes suburbs like Double Bay, Paddington and Point Piper. Point Piper is considered one of Australia\u2019s most expensive suburbs. There, the median unit price is $3.5 million.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The figures come after an outbreak among backpackers in Bondi &#8211; one of Australia\u2019s most significant tourist hotspots. Bondi also drew angry reactions after large crowds were seen gathered on the iconic beach in recent days.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">READ MORE VIA <a href=\"https:\/\/au.finance.yahoo.com\/news\/waverley-woollahra-coronavirus-hotspots-050624235.html\" target=\"_blank\" rel=\"noreferrer noopener\">YAHOO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Bondi has been one of NSW&#8217;s coronavirus hotspots. Images:<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/ritzy-coronavirus-suburbs-could-see-property-prices-plummet\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":24407,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478108580,478109043,478109201,478108982,478109199,478109200,478109202,478099125,478098616,478098737,478098844],"class_list":["entry","author-data123nz","post-24406","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-coronavirus","tag-coronavirus-crisis","tag-coronavirus-hotspots","tag-coronavirus-outbreak","tag-coronavirus-suburbs","tag-nsw-suburbs","tag-point-piper-property","tag-property-crash","tag-property-prices","tag-realestate-com-au","tag-sydney-cbd"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ritzy coronavirus suburbs could see property prices plummet - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/ritzy-coronavirus-suburbs-could-see-property-prices-plummet\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ritzy coronavirus suburbs could see property prices plummet - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO: Bondi has been one of NSW&#8217;s coronavirus hotspots. Images:Read More &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/propertynoise.co.nz\/au\/ritzy-coronavirus-suburbs-could-see-property-prices-plummet\/\" \/>\n<meta property=\"og:site_name\" content=\"Property News Australia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PropertyNoiseNZ\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-01T02:38:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-01T02:38:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/04\/Bondi-Beach.jpg?fit=1280%2C720&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Property Noise Group\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:site\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Property Noise Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/ritzy-coronavirus-suburbs-could-see-property-prices-plummet\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/ritzy-coronavirus-suburbs-could-see-property-prices-plummet\\\/\"},\"author\":{\"name\":\"Property Noise Group\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/person\\\/175c8981af50e593000aa8ad7aab9d84\"},\"headline\":\"Ritzy coronavirus suburbs could see property prices plummet\",\"datePublished\":\"2020-04-01T02:38:40+00:00\",\"dateModified\":\"2020-04-01T02:38:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/ritzy-coronavirus-suburbs-could-see-property-prices-plummet\\\/\"},\"wordCount\":207,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/ritzy-coronavirus-suburbs-could-see-property-prices-plummet\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/Bondi-Beach.jpg\",\"keywords\":[\"coronavirus\",\"coronavirus crisis\",\"Coronavirus hotspots\",\"coronavirus outbreak\",\"coronavirus suburbs\",\"NSW suburbs\",\"Point Piper property\",\"property crash\",\"property prices\",\"realestate.com.au\",\"Sydney CBD\"],\"articleSection\":[\"Australian Property &amp; Real Estate News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/ritzy-coronavirus-suburbs-could-see-property-prices-plummet\\\/\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/ritzy-coronavirus-suburbs-could-see-property-prices-plummet\\\/\",\"name\":\"Ritzy coronavirus suburbs could see property prices plummet - 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