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The Age has the latest local news on Melbourne, Victoria. Read National News from Australia, World News, Business News and Breaking News stories.
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News
$40,000 wiped off the value of the average house over winter
2+ week, 2+ hour ago (822+ words) September 1, 2026 — 12:01am Property values are falling in almost every suburb in the country, with $40,000 wiped from the median value of the nation’s homes through winter as high interest rates, the federal government’s budget tax changes and low levels of affordability crunch…...