Sydney suburbs where home values just dropped $300,000
Home values in Sydney’s eastern suburbs dropped significantly, with typical house prices falling by $300,000 or more in several areas. Chifley witnessed the largest decline at 11.1 percent, while overall median home values in Sydney now stand at $1,265,608. Analysts attribute the downturn to rising interest rates and ongoing economic pressures.
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Published 03 Jul 2026, 19:00 UTC · Updated 03 Jul 2026, 19:20 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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