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Australian property prices fall for the first time in two years

CoreLogic records monthly national decline of 0.1%, with Sydney down 0.6% and Melbourne 0.7% in December

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Australia’s property market has finally come off the boil after a resilient run of growth at a time of high interest rates and inflationary pain.

For the first time in nearly two years, CoreLogic recorded a monthly decline in national home values.

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