All Topics / General Property / Sydney Property on the bottom or still sinking ??

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  • Profile photo of wealth4life.comwealth4life.com
    Member
    @wealth4life.com
    Join Date: 2003
    Post Count: 1,248

    I keep hearing that on the outer suburbs like Campbelltown prices are dropping while in the higher quality areas like the North Shore and waterfronts property is stable or booming …

    Whats your views on Sydney … has it bottomed or will it drop further with the imminent rate rise ??
    D

    Profile photo of JONCHUJONCHU
    Member
    @jonchu
    Join Date: 2004
    Post Count: 112

    Hi Wealth4life, current property data supports what you are saying/hearing. I would also use what happened in Melbourne as an example, the inner city, more affluent areas had a great run, while the outer/greater Melbourne area did just ok.

     

    Finding that middle ground is where the money is…

     

    Happy investing

     

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