1. MULLUMBIMBY, NSW far north coast: Down 25.7 per cent to $1,036,653
2. SURRY HILLS, Sydney inner south: Down 25.2 per cent to $1,789,646
3. LISMORE HEIGHTS, NSW far north coast: Down 25.2 per cent to $437,806
4. TAREN POINT, Sydney Sutherland Shire: Down 24.5 per cent to $1,934,705
5. BAYVIEW, Sydney Northern Beaches: Down 24.5 per cent to $2,279,245
6. WAVERLEY, Sydney eastern suburbs: Down 24.5 per cent to $3,237,791
7. REDFERN, Sydney inner south: Down 24.3 per cent to $1,609,223
8. BYRON BAY, NSW far north coast: Down 23.9 per cent to $2,258,816
9. CENTENNIAL PARK*, Sydney eastern suburbs: Down 23.8 per cent to $817,693
10. BALGOWLAH, Sydney Northern Beaches: Down 23.7 per cent to $2,724,202
11. SEAFORTH, Sydney Northern Beaches: Down 23.6 per cent to $2,867,976
12. BELROSE*, Sydney Northern Beaches: Down 23.4 per cent to $630,652
13. WHEELER HEIGHTS, Sydney Northern Beaches: Down 23.3 per cent to $2,035,279
14. AVALON BEACH, Sydney Northern Beaches: Down 23.2 per cent to $2,368,313
15. QUEENS PARK, Sydney eastern suburbs: Down 23.1 per cent to $3,430,386
16. VAUCLUSE*, Sydney eastern suburbs: Down 23.1 per cent to $1,156,167
17. MONA VALE*, Sydney Northern Beaches: Down 22.9 per cent to $1,125,789
18. SUFFOLK PARK, NSW far north coast: Down 22.7 per cent to $1,904,778
19. BANGALOW, NSW far north coast: Down 22.1 per cent to $1,484,437
20. LISMORE, NSW far north coast: Down 21.9 per cent to $420,561
21. SOUTH LISMORE, NSW far north coast: Down 21.8 per cent to $378,672
22. CUMBALUM, NSW far north coast: Down 21.8 per cent to $1,062,017
23. OCEAN SHORES, NSW far north coast: Down 21.7 per cent to $1,196,903
24. BRONTE*, Sydney eastern suburbs: Down 21.7 per cent to $1,291,912
25. BRUNSWICK HEADS, NSW far north coast: Down 20.9 per cent to $1,173,615
26. NEWPORT*, Sydney Northern Beaches: Down 20.7 per cent to $1,063,473
27. BELLEVUE HILL*, Sydney eastern suburbs: Down 20.7 per cent to $1,326,186
28. BONDI*, Sydney eastern suburbs: Down 20.4 per cent to $1,210,479
29. EDGECLIFF*, Sydney eastern suburbs: Down 20.4 per cent to $1,275,035
30. PADDINGTON*, Sydney eastern suburbs: Down 20.3 per cent to $1,017,729
31. BALLINA*, NSW far north coast: Down 19.3 per cent to $592,438
32. EAST BALLINA*, NSW far north coast: Down 16.6 per cent to $669,491
33. LENNOX HEAD*, NSW far north coast: Down 15.9 per cent to $945,042
34. EMERALD*, central Queensland: Down 13.2 per cent to $183,936
35. PIMLICO*,Townsville: Down 12.9 per cent to $217,312
36. GEELONG WEST*, Geelong: Down 11.8 per cent to $485,015
37. LAUNCESTON*, north-east Tasmania: Down 11.7 per cent to $507,698
38. BYRON BAY*, NSW far north coast: Down 11.5 per cent to $1,217,133
39. NEWTOWN*, Geelong: Down 11.2 per cent to $595,841
40. TOWNSVILLE CITY*, Townsville: Down 11 per cent to $379,153
* Denotes median apartment price. The other suburbs refer to mid-point house price falls in the year to December 2022. Data from CoreLogic.