PHOTO: CoreLogic
CoreLogic has released their Best of the Best report for 2018, revealing the suburbs which performed best as the property market slowed.
At a macro level, CoreLogic research analyst Camero
Values fell nationally by -4.1 per cent over the 12 months to November 2018, which marks the largest annual fall since December 2011. CoreLogic reports values declining more rapidly, particularly in Sydney and Melbourne, as the year progressed.
Across the capital cities, dwelling values fell over the past year in Sydney, Melbourne, Perth and Darwin while they rose everywhere else.
her describes the property market conditions for 2018 as ‘slowing quite rapidly’. Digging beneath the surface, his analysis found that the market conditions are now somewhat of a mixed bag, and as diverse as ever.
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