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Meth homes could lose 10pc of value

Matthew Cranston
Matthew CranstonUnited States correspondent
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Home buyers without experience are unwittingly investing in houses laced with methamphetamine residue that can reduce the property value by up to 10 per cent.

First home buyer Tom who declined to provide his last name, purchased a home at Woorilla Court, Frankston, after it had been on the market for a year.

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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter.

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    Original URL: https://www.afr.com/real-estate/was-your-new-home-a-meth-lab-you-might-not-know-20180918-h15j28