Wednesday, July 24, 2019

Melbourne and Sydney's million-dollar property meltdown

More than 200,000 properties in Melbourne and Sydney have slipped below the $1 million market since the end of the property boom triggered a record reversal in prices, exclusive analysis shows.


Top properties in popular postcodes were among the hardest hit – and are among the slowest to recover – as a two-year decline from the peak of the property market in 2017 slowly begins to bottom out.

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