Seventeen Sydney suburbs declared danger markets for buyers

Tumbling house prices in Sydney and Melbourne are the main drivers behind the first annual drop in national property prices in six years

Residential housing in Sydney's inner east, Thursday, July 26, 2018. Source: AAP

According to a new report from Hotspotting.com.au, 17 Sydney suburbs have been declared “danger” markets for buying property due to the risk of prices falling long after a home is purchased.

The 17  suburbs included: Wolli Creek/ Wentworth Point/ Waterloo/ Rhodes/ Parramatta/ Mascot/ Homebush/ Homebush West/ Haymarket/ Harris Park/ Forest Lodge/ Ermington/ Epping/ Chippendale/ Carlingford/ Breakfast Point/ Zetland.

property market
Source: AAP

Visit Mandarin page for more information.


Share

1 min read

Published

Updated

By Helen Chen




Share this with family and friends


News

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS Chinese

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

Simplified Chinese Collection

Watch onDemand

Watch now