According to Peter Hawkins of the Sydney Morning Herald "solid residential price rises in Sydney's inner west provided the springboard for a 3.6 per cent rise in Sydney house prices over the September quarter". Median price for inner west rose 5.6% to $760,000, against $700,000 in 2003 that fell back to $620,000 in 2005.
The data indicates the second consecutive quarter of price growth above 3% in the Sydney property market - the best six months since 2003!
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Nice blog for real estate people.
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