Lake Macquarie Property Update

Image result for property price dropCoreLogic’s April property report shows the median price of houses and units in the Newcastle and Lake Macquarie council areas fell 0.8 per cent in the month, more than the drop in Sydney (0.7 per cent) and Melbourne (0.6 per cent).

Median unit prices have dropped 10.1 per cent, to $461,000, since the apartment market reached its apex exactly a year ago.