Brisbane Times ·general ·2 hours ago

Sydney and Melbourne house values fall as interest rate rises bite harder

Sydney and Melbourne house values fell in April as interest rate rises bite, with Sydney's median dropping about $7,000 to $1.6 million and Melbourne's falling nearly $5,000 to $972,000. Cotality data shows national values rose just 0.3 percent through April, the slowest pace since January.

Summary by Glance · Brisbane Times

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