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PHOTO: First home buyers Luke Simpson and Paris Peng bought in Penrith.
THERE’S a silver lining to Sydney’s plummeting property prices, with people previously priced out of the market now getting a foothold.
Data provided exclusively to The Saturday Daily Telegraph reveals nearly two-thirds of first-time buyers feel home ownership is closer now than 12 months ago.
On top of that, 69 per cent said they were more positive about the overall market, according to the Westpac 2018 Home Ownership Report.
The bank’s head of home ownership Lauren Fine said a softer market had provided first-timers with the opportunity they have been waiting for.
READ MORE VIA REALESTATE.COM.AU
