The resilience of the Sydney apartment market can further be seen in the resale prices achieved during the Global Financial Crisis. Within the fi ve buildings analysed, 30 resales occurred between October 2008 and December 2009. The average capital gain achieved during this period was 35%. The weakest result was a 1% capital gain whereas two resales resulted in a 103% and 116% gain. Only three resales ensured single digit capital growth. This is at a time when global markets were enduring signifi cant turmoil resulting in price discounting due to oversupply
