PHOTO: The high supply of new houses up for sale in areas such as Camden also made it harder for sellers to recoup the prices they paid. Picture: Jonathan Ng.
PANICKED homeowners in pockets of the inner west have been selling their properties for well below the prices they paid as the slowdown in Sydney’s housing market intensifies.
An analysis of property sales over the three months to September showed 5 per cent of sellers in the Strathfield council area, which includes suburbs such as Homebush and Strathfield South, lost money through their sales.
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