Original article by Su-Lin Tan
The Australian Financial Review – Page: 8 : 4-Jan-16

Analysis by WBP Property Group shows that there has been a sharp fall in the value of apartments bought off-the-plan in Melbourne during the last two years. The firm has reported that the average value of almost 2,000 apartments fell by around $A40,000 in 2014 and 2015. Kim Quick of Herron Todd White says there has not been a similar downturn in apartment values in Sydney, noting that the residential market has benefited from the New South Wales Government’s infrastructure program.

CORPORATES
WBP PROPERTY GROUP PTY LTD, HERRON TODD WHITE AUSTRALIA PTY LTD