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Royal

Content Editor at Justprop.com.au, Sydney

NT: Darwin continues to be only city in nation with falling house prices

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Darwin continues to be the only city in the nation with falling house prices.

CoreLogic says Australian house prices continued their recovery in December 2019 everywhere except Darwin.
Its monthly results show national dwelling prices going up by 1.1 per cent, but Darwin fell a further 0.5 per cent last December.

Our city recorded a yearly drop for 2019 of 9.7 per cent.
The only other cities to record a drop in 2019 house prices were Perth (6.8 per cent) and Adelaide (0.2 per cent)

Over the year Sydney and Melbourne house prices were up 5.3 per cent, Hobart up 3.9 per cent, Canberra up 3.1 per cent and Brisbane 0.3 per cent up.

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