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Melbourne regions among hardest hit by COVID-19

Four of the 10 regions most impacted by COVID-19 in terms of house price falls are in Melbourne, but price declines remain fairly mild, according to new research from CoreLogic.

Northcote Melbourne houses
Home values in Melbourne's Northcote have been among the hardest hit by the COVID-19 crisis. Photo: Shutterstock (Image source: Shutterstock.com)

Four of the 10 regions most impacted by COVID-19 in terms of house price falls are in Melbourne, but price declines remain fairly mild, according to new research from CoreLogic.

The market analyst today revealed the Australian regions where house prices had fallen the most during the coronavirus crisis, with Melbourne’s Inner South, Inner, Inner East and Outer East all ranking within the 10 most affected areas.

House prices fell by 2.2 per cent…

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