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Mortage Broker , Sydney Region

NSW: Prices in regional NSW have continued to grow

12D ago 0 Replies 19 Views
Data from SQM Research revealed unit prices in the Sydney CBD have dropped by nearly 10 per cent over the past three months.

Prices in regional NSW have continued to grow, while prices in further-flung Sydney suburbs also had a rise – including in northern beaches enclaves Newport and Collaroy, where the increases over the three months were 14.5 per cent and 7.4 per cent respectively.

“Being in lockdown made us realise, ‘what are we waiting for?’ We decided if we didn’t (move) now it would have to be in a few more years so we just did it and got what I’d say is a hobby farm,” Ms Tullet said.
“We also wanted more space. I feel like the land is in my DNA. We are looking forward to starting our next great chapter.”

In Sydney, this trend was particularly evident in the northern beaches. Newport had Sydney’s most popular listings over the past year measured by the average amount of buyer engagement the homes attracted online, with Collaroy close behind.


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