Shared ownership growing in Sydney property market

Discussion in 'Australia Property' started by Nicholas Wallwork, Aug 23, 2016.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    We have all seen the headlines regarding property prices in Australia with cities such as Sydney seeing a massive increase in the cost of housing. Indeed official data shows that house prices have increased by 60% in Sydney over the last five years with apartments also showing a healthy rise of 44%. When you bear

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  2. Ray Morales

    Ray Morales New Member

    Last edited: Aug 24, 2016
  3. Ray Morales

    Ray Morales New Member

    Sydney’s June growth was excellent after a moderating trend until early-2016. We thought last year was the last hooray, but there has been growth again.
     
  4. Hi @Ray Morales are you seeing property shared ownership in the Sydney property market? Is it pushing prices higher and higher?
     
  5. Longterminvestor

    Longterminvestor Administrator

    In theory shared ownership is a great idea for those looking to climb onto the property ladder for the first time. However, for those first-time buyers further down the line it could push prices even further away from their affordability factor.
     
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