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flag Sydney's property market surges; a renovated two-bedroom house sells for $8.15 million, up from $1.7 million.

flag Sydney's property market shows a significant surge with a two-bedroom house selling for $8.15 million after renovations, up from its $1.7 million purchase price. flag A waterfront four-bedroom apartment in Drummoyne sold for $2.51 million, while a Neutral Bay unit sold below its reserve price for $1.14 million. flag Property expert Dr. Shane Oliver notes a 75.9% clearance rate, driven by potential interest rate cuts and limited supply, suggesting the market will remain strong.

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