Despite the fact that home values are rising across Australia, the number of property transactions is actually falling for a variety of reasons.
Here are the worst performing suburbs in Australia.
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Cameron KusherCameron Kusher is head of research at CoreLogic.
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Hi Cameron,
The worst performing suburbs seem to be primarily mining and resource type areas which have been over rated for a number of years and due for a correction, I was wondering what would be the worst performing suburbs if we stripped out mining and resource towns to try and get a better representation of worst performing suburbs.
Also in the best performing towns, these may possibly be more yield driven and not a balance between growth/yield, leading to a similar situation going forward as the worst performing towns.
What would it look like if you stripped out the best 10% and worst % and then looked at the rest.
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