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Why your home is now worth less than you think

New data has sent a clear signal to property owners: sell at your own peril | WATCH

A new report from CoreLogic RP Data has painted a very grim picture of Australia’s property market, with almost one in ten sales nation wide recorded at a loss. The smaller the capital city, the uglier the figures, with almost a quarter of Perth apartment sales failing to break even.

Unfortunately for owners and investors, there’s no relief in sight, as housing stock is set to rise steeply in years to come.

James Kirby
James KirbyAssociate Editor - Wealth

James Kirby, Associate Editor-Wealth, is one of Australia’s most experienced financial journalists. James hosts The Australian’s twice-weekly Money Puzzle podcast.He is a regular commentator on radio and television, the author of several business biographies and has served on the Walkley Awards Advisory BoardHe was a co-founder and managing editor at Business Spectator and Eureka Report and has previously worked at the Australian Financial Review and the South China Morning Post. Since January 2025 James is a director of Ecstra, the financial literacy foundation.

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Original URL: https://www.theaustralian.com.au/business/wealth/why-your-home-is-now-worth-less-than-you-think/news-story/0a584b2061119810d73f0d176317109c