House prices have fallen but these suburbs are bucking the trend

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While Australian home owners may be feeling a tad nervous after hearing house prices have fallen for the first time in 20 months, buyers will be sitting up and taking notes.

There are always two sides to the coin

Just like home owners may see the latest house price news as a negative, buyers may feel some long-forgotten optimism about getting back into the market. Similarly, median prices do not tell the full story. Median values do not necessarily mean all houses in a particularly favourable growth area will increase in price.Ultimately, your home's value will be determined by how much a buyer would pay for it.According to CoreLogic, the top three suburbs in each capital city are mostly clustered in the same areas.

 

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House prices have fallen? Okay 🙄

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