Saturday, November 03, 2007

Tale of two Sydneys as property divide widens

SYDNEY'S two-speed property market could continue this year as mortgagee-in-possession sales drag down the lower end of the market.

An Australian Property Monitors rating of the growth of property values of about 700 suburbs in 2006 shows the city's affluent enclaves surged ahead, while areas in the west and south-west languished.


Tale of two Sydneys as property divide widens - National - smh.com.au

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