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Sydney property is showing a return to confidence across the board – western Sydney still offers the best long-term investment opportunities and there has been even more activity at the top end of the market. Newcastle and the Lower Hunter remain the strongest capture point for investment, with growth continuing along the corridor to the state’s emerging new centre of resources activity in the Gunnedah Basin.
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NSW property, and the state economy at large, is looking markedly better than a year ago, and there are two reasons for this.
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One of the main drivers pushing the Sydney market forward is the growing gap between supply and demand, says Louis Christopher, SQM Research founder and managing director.
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