Real Estate expert Warren McCarthy tells John that at the same time last year there were 1600 auctions for the weekend and last weekend there were only 1200. 68% clearance across the eastern states. The inner Sydney apartment market is very weak due to a lack of hospitality workers, students and tourists.

Warren tells John about a unit in Wattle Street Ultimo that is for sale for $735k, down from $826 3 years ago.

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