House prices in Australia have fallen 1.3 % since September 's market peak and declines have extended to nine consecutive months . data from accounting firm data showed prices over the past 12 months slid 7.7 % in Darwin , the worst overall , and 4.5 % in 2012 , raising the percentage of homeowners in both cities seeking negative equity . Hobart remained the country 's fastest - growing economy , with prices rising 12.7 % .
House prices in Australia have fallen 1.3% since September's market peak and declines have extended to nine consecutive months. Data from tracking firm CoreLogic showed prices over the past 12 months slid 7.7% in Darwin, the worst performer, and 4.5% in Sydney, raising the possibility of homeowners in both cities facing negative equity. Hobart remained the country's fastest-growing market, with prices rising 12.7%.