Melbourne worst hit by coronavirus with house prices falling 0.4 per cent in ...

How coronavirus hit Melbourne's property market while prices in other major cities went UP - and why buyers are turning to houses over inner-city apartments Melbourne suffered biggest fall of 0.4 per cent in median house prices in April CoreLogic data showed 0.3 per cent rise in Sydney, Brisbane, Perth last month  Head of research Tim Lawless said Sydney, Melbourne biggest COVID-19 risk  Starr Partners chief Doug Driscoll said investors cold on inner-city apartments   Here’s how to help people impacted by Covid-19

By Stephen Johnson For Daily Mail Australia

Published: 04:03 BST, 1 May 2020 | Updated: 05:17 BST, 1 May 2020

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The coronavirus lockdowns have hit Melbourne harder than any other property market, new data showed. 

Victoria has been tougher than the other states in enforcing stage three restrictions, with police there even fining a learner driver for being in a car with her mother. 

Median house prices in Melbourne fell by 0.4 per cent in April, making it the only Australian mainland state capital to suffer a decline after open-home inspections and public auctions were banned, CoreLogic data showed.

By comparison, equivalent prices for a detached home rose by 0.3 per cent in Sydney, Brisbane and Perth as values also increased in Adelaide (0.4 per cent), Canberra (0.1 per cent) and Darwin (1.1 per cent).

The coronavirus lockdowns have hit Melbourne (Flinders Street station during lockdown pictured) harder than any other property market, new data showed. Median house prices fell by 0.4 per cent in April, making it the only Australian mainland state capital to suffer a decline, CoreLogic data showed

The coronavirus lockdowns have hit Melbourne (Flinders Street station during lockdown pictured) harder than any other property market, new data showed. Median house prices fell by 0.4 per cent in April, making it the only Australian mainland state capital to suffer a decline, CoreLogic data showed

Apart from Melbourne, Hobart was the only other capital city to see a fall in mid-point values, with house prices down 0.2 per cent as Tasmania became an island state with its borders closed to the rest of Australia. 

How COVID-19 has affected house prices

Melbourne: DOWN 0.4 per cent to $818,806

Sydney: UP 0.3 per cent to $1,026,418

Brisbane: UP 0.3 per cent to $558,372

Adelaide: UP 0.4 per cent to $476,249

Perth: UP 0.3 per cent to $465,521

Hobart: DOWN 0.2 per cent to $512,688

Darwin: UP 1.1 per cent to $473,984

Canberra:  UP 0.1 per cent to $702,861

Source: CoreLogic Home Value Index for April based on median house price changes

CoreLogic head of research Tim Lawless said the closure of Australia's border on March 20 to everyone but citizens and permanent residents was likely to hit Sydney and Melbourne more than any other state capital city.

'Sydney and Melbourne arguably show a higher risk profile relative to other

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