New data shows Australians could be snapping up the best property bargains in years. Big price falls are possible due to weaker demand and more listings. ”It depends on factors like price, but it’s certainly happening in some areas,” 9News Finance Editor Effie Zahos said. Last weekend was the fifth busiest week for auctions so far this year, according to Corelogic. However, lower clearance rates suggest we are heading towards a buyer’s market.
How are markets across the country? (9th) “CoreLogic sees Sydney as one of the markets that could be favourable for buyers,” Zahos added. Melbourne and Hobart also fall into this category. So which suburbs in Greater Sydney and Melbourne could be more affordable? We collated the following CoreLogic data.
