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Sydney House Prices Continue to Climb

Monday 15th March 2010

Home buyers are being urged to enter the Sydney market now with prices expected to surge further in the remainder of the year after better-than-expected gains at the start of the 2010 driven by explosive rises in the Inner West, Eastern Suburbs and Lower North Shore.

Henry Wilkinson, principal of Sydney-based buyers agent and property consultant Homesearch Solutions, says people should be buying now, rather than waiting. “We’re advising our clients to buy early this year rather than later,” he said. “We’re just seeing no sign of any change – unless there’s some world economic difficulty that comes from left of field. If fundamentals stay the way they are we’re expecting a very strong year in growth of greater than 10 per cent.” [More]

Tags: Confidence, Demand, House Prices, Investor, Price, Sydney

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GORDON 2906 Property Sales Figures

January 2010 (Interim Release)

* Index Price based in on Sales Data available in the '' Region

Property Sales in GORDON November 2009 - January 2010

The Territory Data is the property of the Australian Capital Territory. No part of it may in any form or by any means (electronic, mechanical, microcopying,, photocopying, recording or otherwise) be reproduced, stored in a retrieval system or transmitted without prior written permission. Enquiries should be directed to: Director, Customer Services, ACT Planning and Land Authority, GPO Box 1908, Canberra ACT 2601.