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Where house prices are falling the fastest

House prices fell in Sydney, Brisbane, Adelaide and Perth over the three months to end-September, while values grew fastest in Hobart and Canberra, according to the latest figures from real estate website, Domain.

NSW

* Sydney

Median house price down 1.9 per cent to $1.2 million

Median unit price down 0.8 per cent to $732,321

Sydney prices have doubled over the last five years but affordability is now slowing demand and moderating price increases.

* Regions

Biggest rise - Ballina up 7.1 per cent to $621,250.

Biggest fall - Great Lakes down 4.6 per cent to $492,500

VIC

* Melbourne

Median house price up 1.3 per cent to $880,902

Median unit price up 3.4 per cent to $506,334

Median unit price growth suggests recent record levels of new apartment development have had a negligible impact on price, with demand continuing to absorb higher levels of supply.

* Regions

Biggest rise - Wodonga up eight per cent to $342,500

Biggest fall - Ballarat down 4.6 per cent to $325,000

QLD

* Brisbane

Median house price down 0.2 per cent to $551,840

Median unit price down 3.5 per cent to $376,685

Brisbane's median unit price is at its lowest level in three years and values are tipped to drop further.

* Regions

Biggest rise - Gympie up five per cent to $314,000

Biggest fall - Mackay down 9.5 per cent to $308,750

SA

* Adelaide

Median house price down 0.3 per cent to $519,517

Median unit price up 1.6 per cent to $313,074

WA

* Perth

Median house price down 1.3 per cent to $554,095

Median unite price down down 6.7 per cent to $351,875.

ACT

* Canberra

Median house price up 4.3 per cent to $723,980

Median unit price up 1.9 per cent to $427,391

TASMANIA

* Hobart

Median house price up 4.4 per cent to $409,592

Median unit price up 6.3 per cent to $323,174

DARWIN

Median house price down 3.6 per cent to $593,329

Median unit price down 6.8 per cent to $330,354

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