Australian housing prices have fallen by 0.7% last month as the property price downturn has now become nationwide, extending beyond just Sydney and Melbourne.
Although Sydney and Melbourne suffered the worst fall of the past year, Darwin and Perth lead the monthly decline in prices, decreasing at 1.5% and 1.7% respectively.
Hobart was the only capital city to have an increase in prices, with even the Brisbane market seeing prices fall over the past quarter.