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Sydney property prices stumble but expert says sellers shouldn't worry

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Property prices have dropped over six percent in some parts of Sydney. Some experts say the five-year property boom here is coming to an end.

According to Fairfax Media, Sydney’s inner-city and eastern suburbs have taken the biggest hits as the property boom comes to an ends, along with apartments on the lower north shore. The city’s median house price dropped 1.9 percent to $1,167,516 over the past three months, Domain revealed.

Prices in inner-city and in the eastern suburbs fell by a huge six percent to a median of $2.17 million. Meanwhile, north shore apartments have tumbled 6.7 percent. AMP Capital........

© International Business Times