Floods and the economy hold down property prices in Australia

Nicholas Wallwork

Nicholas Wallwork

Editor-in-Chief
Staff member
Premium Member
Floods and the economic crisis have had a severe impact on property prices in parts of Australia with areas badly affected seeing prices fall and in some cases homes becoming unsaleable, research shows. Analysts from RP Data have found that Australia’s luxury suburbs, coastal strips and flood regions have been hardest hit as median values [...]

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