Australia's property prices have fallen five percent on average, as the nation experiences one of its weakest housing markets in the past decade.
But while prices in Melbourne and Sydney slide, Brisbane is bucking the trend, experiencing a seven per cent jump in median land prices to $455,000, according to the latest figures from CoreLogic. The RBA governor is hoping to quieten any fears over a national house price correction, when he makes a Housing Market and Economy address in Sydney on Wednesday.
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