Sydney Flat Sells for Nearly $1 Million Amid Cooling Market
Lena and Linly purchase a two-bedroom flat in Ashfield for nearly $1 million, benefiting from a $28,000 discount and no investor competition. They relied on steady incomes, parental support, the federal 5% deposit scheme, and a NSW stamp duty discount to secure their first home after six weeks of searching.
Why it matters
This highlights the ongoing affordability challenges for first-time buyers in Sydney's housing market.
Read the full story at The Guardian AU→