After 5 years of solid capital growth in the Sydney Residential Property Market, prices have finally plateaued which is good news for buyers. At the same time, vendors who are wanting to sell can feel assured that prices are still strong across the board although they aren’t increasing in value as they once were.
This should make it easier for people looking to trade up and down - giving them the confidence to put their property on the market and sell first - knowing that if they sell today, prices will not run away from them.
Overall this is a great time for the market, giving buyers an opportunity to enter one of the strongest markets in the Southern Hemisphere.
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