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More than one in 10 development sites for sale in western Sydney are being sold by receivers, Peter Vines of Ray White Commercial says.
The run-down home, with much of the original features intact, was on the market for the first time in 43 years. It last sold in 1980 for $160,000.
House prices in premium pockets of Sydney recorded some of the largest drops last year, but some suburbs have held up better than others.
House prices in premium pockets of Sydney recorded some of the largest drops last year, but some suburbs have held up better than others.