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Sydney property experiences price boost over November

By Louise Morrin

The Sydney property market experienced a slight jump in values over November, offering some insight into the strength of the New South Wales real estate landscape. A recent CoreLogic RP Data Hedonic Home Value Index illustrated the 1 per cent increase in property values, bringing the median up to $705,000 at the end of the month. 

Now could be as brilliant time to consider selling your property in Carlton and cashing in on the market's growth, with CoreLogic RP Data research analyst Cameron Kusher stating these increases are beginning to slow down across the country. 

"Although combined capital city home values increased by a healthy 8.5 per cent over the 12 months to November 2014, the annual growth rate is now at its lowest level in the year – the rate of annual home value growth across the combined capital cities continued to slow after peaking at 11.5 per cent over the 12 months to April 2014," said Mr Kusher in a 1 December statement. 

Getting in touch with a local real estate agent and discussing the property options available to you in the local community could be the first steps you need to take in order to successfully sell your home in Carlton. 

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