Idyllic Sydney suburb where house prices have tanked

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Idyllic Sydney suburb where house prices have tanked
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Explore the Australian suburbs where housing prices have declined over the last three months. Discover insi...

House prices in Cronulla, Sydney's south, took the biggest tumble over the past three months.This change marked an average decrease of around $170,000 per home.The average house price here dropped 5.9 per cent to $4.6 million, which is around $270,000.The inner-city Melbourne suburb of Middle Park dropped 5.8 per cent to $2.5 milllion, or about $140,000.Rosbery in Sydney's inner south also took a dive by 6.3 per cent.This marked a $133,000 drop in home prices in this suburb.

7 million, just shy of $100,000.The hip inner Melbourne suburb of Fitzroy had a similar slump of 5.9 per cent.Attribution: The Age/Charles AtkinsNext door in Fitzroy North, prices sank by the same amount at 5.9 per cent, bringing the median price to $1.64 million.Homes in Clifton Hill in Melbourne dropped 6.1 per cent to $1.65 million, marking a modest $100,000 decrease in the average price.Meanwhile, the inner-city suburb of Cremorne in Melbourne saw the median house price sink to $1.

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