Two luxury cars collided in the inner west of Sydney this morning.

A 2021 Porsche Taycan Turbo sedan worth $370,000 and a 2019 Porsche Macan SUV worth $120,000 crashed on Rowntree Street, Birchgrove around 11.45am.

Paramedics treated one woman for minor injuries at the scene.

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Airbags in the vehicles were released on impact.

Both cars were towed from the scene.