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Sydney house prices fall 3.3% in wealthy areas while outer suburbs gain 13%
Money & Work

Sydney house prices fall 3.3% in wealthy areas while outer suburbs gain 13%

It was Sydney's first quarterly house price fall in about 3.5 years, but the drop was concentrated in premium north and east suburbs while outer areas kept rising.

Why it mattersIf you own in the outer suburbs or are saving for a first home in those areas, prices are still rising despite the headline falls.

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