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18

September 2016

TIME TO SELL

As spring kicks off Sydney and especially the Western Sydney property market are in BOOM again!

Little stock hit the market in Winter, however the sellers that went to the market in winter benefited from interest rate cut. Many sellers have waited for Spring to market their properties. Further rate cuts occurred in August when the RBA took a cash rate to 1.5%.

The question many are wondering is when will the boom end, presently there is no answer but worth considering your position in the market given we are 4 years into a boom that has been steered by record low interest rates.

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