PROPERTY

The worst performing suburbs in Australia

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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 Kusher is head of research at CoreLogic.
Comments
ken
June 17, 2016 6.22pm

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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