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Hi,
I'm in Mortdale, Sydney, and prices here are just crazy. I saw a feature fibro 3-bed single story place sell for $1.2M over a year ago and thought 'Ah yes, demolition and a project home there', but no, the buyers settled in.
I am fond of saying I could now not afford to buy my own home from me at the price I would ask me.
My son and his family have been shut out of the market, I think they will be renting for a very long time.
No Cheers
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