Roaring comeback for Sydney’s property market | Sky News Australia

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Sydney’s property market has made a roaring comeback, with house prices finishing almost three per cent higher despite the crippling coronavirus pandemic.

Further rises are expected in 2021 as regional areas considered to be safe havens become increasingly popular.

Experts are predicting record highs, however it may take up to six months for the figures to come in as a result of stagnant migration and a currently weak rental market.

 

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Is that due to Dan Andrews ? Victorian refugees ?

Pro tip... Only the sheep freaked out, those with critical thinking skills cashed in and bought your house without premium. In 10 years time those values will close to double. Same with stock market - look at CBA and MQG in march vs now.... Please stand with Dan! I need more!!!

The biggest source of fake news is the real estate market, its too loaded with vested interest

Low rate is not the solution for the country

So has Coronavirus and the good news for Gladys is that the love is spreading right across the nation.

There you go, folks! Back to being able to pay $1.5 million for an old refrigerator carton!

Daryls back in business!

Define the word roaring - you surely mean at least 2-3 times price rise in a matter of months... if not correct or delete the article

Excellent opportunity for the federal government to invest heavily in social housing so no suburbs go full blown Mad Max

This isn't going to end well for most people. The people that are really going to benefit are those cashed up, that have no debt and are ready to pounce when these markets implode.

I do wonder if the plan is to get people into huge debt while interest rates are low. But they won’t remain low forever.

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