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November Market Update

By Silvia Wei

Sentiment is everything in real estate and there is no question that it has taken a battering over the past 12 months.

We are hearing the noise around the banking royal commission, bank lending tightening up, increasing interest rates which have lead to falling prices.

In reality, the residential market in Sydney has had a stellar run over the past 20 years.There are still buyers out there in this market and we have achieved some great results over the past few months. See our RECENT SALES.

So if you are considering selling or you would like a free appraisal, please do not hesitate to contact me at anytime.

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    Source: Significant changes to the Capital Gains Tax Main Residence exemption affecting foreign tax residents (including Australian citizen ex-pats) passed Parliament in December 2019. As a result, Australians who move overseas and decide to keep their home in Australia may have to pay Capital Gains Tax if they sell whilst … Read more

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  • Australian Bushfires – How We’re Supporting

    We have all been shocked and saddened by the bushfires and drought that have ravaged Australia in recent months. The loss of human life, wildlife, homes and bushland has been remarkable. Many of our members have been seriously affected by these events. We have experienced many natural disasters over our … Read more

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