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Sydney Real Estate Investing
Sydney property investment has benefited more than anywhere else from Australia's housing boom, with prices almost doubling over the past few years. Economists now predict it will be among the first to suffer as rates head north and consumer spending heads south.
Given Sydney's high house prices - and heavy burden of household debt - rising home loan interest rates remain the key to housing price changes in 2005. Analysts say it will be a buyers' market this year with further moderation in the rate of house price growth.
