Sydney house prices fall across multiple suburbs | 7NEWS
Video Overview & Insights
Sydney house prices have fallen by 4-5% across multiple suburbs in the past three months, with Randwick experiencing the sharpest decline. The drops are attributed to recent interest rate rises and uncertainty surrounding federal government changes to capital gains tax and negative gearing policies. Areas below Sydney's median house price of $1.6 million, including Fairfield, Campbelltown and the Central Coast, continue to hold their value.
Subscribe and set 🔔 » https://7news.link/YTSubscribe |
For the latest Australian news and breaking news alerts, connect with 7NEWS online:
Visit » https://7news.com.au
7Plus » https://7plus.com.au/
7NEWS Podcast » https://open.spotify.com/user/dm9fk9hzoe68ibpttheragdgi
Facebook » https://www.facebook.com/7NewsAustralia
TikTok » https://www.tiktok.com/@7newsaustralia
Instagram » https://www.instagram.com/7newsaustralia/
X » https://x.com/7NewsAustralia
7NEWS combines the trusted and powerful news brands including Sunrise, The Morning Show, Spotlight and 7NEWS.com.au, delivering unique, engaging and continuous coverage on the issues that matter most to Australians. Watch 7 News Australia full broadcasts and full episodes at 6pm and weekdays at 12pm and 4pm on Channel 7 and 7plus.
#BREAKINGNEWS #7NEWS