‘Don’t buy apartments,’ buyers’ agent warns despite big price drops in many suburbs

These observations are consistent with our own, with Parramatta and surrounding areas being affected quite dramatically. It’s potentially going to be some time before this segment of the economy returns to normal.

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While Australia‚Äôs property market is booming overall, apartments in certain big cities are lagging well behind, and still haven’t recovered from their COVID-19 slump.