Sydney property prices surge to new record level, surpassing 2017 peak – realestate.com.au

If prices have hit a high, why are rents so low? Are you confused by the property market at the best of times? Some experts have been saying that the property market would struggle especially on the back of the economic downturn caused by the pandemic. But have we seen that happen yet or are we waiting for the government schemes like JobKeeper to come to an end?

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Sydney home prices have shot to a new record high in what will be welcome news for homeowners but also a development that will raise new housing affordability concerns.