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Going down: Newcastle and Lake Macquarie home values drop for a second month

The 0.4% drop erased about $3,700 from the median dwelling value, while house prices led the decline and units edged higher.

Summary by Newcastle Herald
Newcastle and Lake Macquarie property values fell 0.4 per cent in June. Cotality details the factors creating a “perfect storm” in the cooling market.

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Bias Distribution

  • 100% of the sources lean Left
100% Left

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Newcastle Herald broke the news in Newcastle, Australia on Tuesday, June 30, 2026.
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