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The pockets of Sydney defying the downturn

Much has been made of Sydney property’s price declines over the past few months but many suburbs are defying the retreat that has followed years of record-breaking capital growth.

Aerial view of Gladesville bridge across Parramatta river in Sydney Inner west towards city CBD.
Suburbs west of Sydney were among those identified as likely to experience continued property price growth amidst wider declines.

Much has been made of Sydney property’s price declines over the past few months

but many suburbs are defying the retreat that has followed years of record-breaking capital growth.

While Sydney housing values recorded the third consecutive month-on-month decline, down 0.2 per cent, 25 suburbs are bucking the downward trend.

Shore Financial’s latest State of Sydney report listed them for projected growth over the next six months.

While the growt…