- SYDNEY’S property boom is now in its fifth year — an unusually long period with unusually high price growth.
But the May auction results suggest there’s been a light tap on the brakes.
The slightly lower Saturday auction success has contributed to the current thinking that we’ve perhaps seen the peak.
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Auctioneer Damien Cooley auctions off 27 Paling St, Lilyfield. Picture: Toby Zerna