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Inner-city apartment sells for $975k as ‘cautious’ market absorbs rate hike

  • Posted on October 3, 2026
  • By The Sydney Morning Herald
  • 2 Views
  • 1 min read
In brief

An architect-designed apartment in the city center has achieved a $975k sale price, attracting first-time buyers relocating from regional areas. The property features premium amenities including direct lift access to grocery shopping facilities, reflecting current market dynamics as buyers navigate interest rate adjustments. This transaction highlights growing demand for convenience-focused urban living spaces despite market caution, signaling resilience in the inner-city residential sector.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Inner-city apartment sells for $975k as ‘cautious’ market absorbs rate hike
Inner-city apartment sells for $975k as ‘cautious’ market absorbs rate hike

The first home buyer is moving from Newcastle into this architect-designed building which has direct lift access to an IGA.
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Author
The Sydney Morning Herald

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