A $1 million mortgage, which you will have to repay in 25 years at a fixed interest rate of 7%, will require a total repayment of $2.1 million. However, if you decide to sell, then in less than 15 years, the market value of your property will cover the rest of your mortgage and bring you a profit. Investing in the real estate market of NSW is a sure way to beat inflation and improve the economic prospects of your loved ones. Does the real estate market involve risks? Yes. However, the historical market growth in Sydney has been steady, and things show no signs of changing any time soon.
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