PHOTO: Australian property values are down by more than seven per cent since the 2017 market peak. (AAP)
Property values across Australia have plunged by more than seven per cent since the 2017 peak as the housing slump deepens.
New CoreLogic research shows dwellings lost $40,590 in value – a 7.4 per cent drop – since October 2017.
But the declines across the combined capital cities are even more stark, with values plummeting 9.2 per cent – or $59,478 – since September 2017.
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