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
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By Helen Chen

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