Sydney property market
Insider knowledge for smart investors
Get valuable insights into the Sydney property market to help make the best property investment decision for you.
If you’re thinking about investing in Sydney property, understanding the local market is essential before you make an investment decision.
We are experts in the Sydney property market and constantly analyse trends and forecasts to offer the highest quality insights for your purchase.
Median sale price
Median rental price
The Sydney property market has experienced a boom over the last ten years thanks to population and job growth. But, a recent decrease in median property value indicates the market has entered its correction phase.
Sydney has experienced a boom in the last five years with a huge 75% increase in house prices since 2013. For the first time, the median house price hit $1 million, making Sydney one of the most expensive cities in the world to buy.
As expected after growth of this scale, Sydney’s market is now slowing. However, Sydney’s economy remains strong with jobs and population figures predicted to continually increase, indicating this is a natural correction in the market cycle rather than a market ‘crash’.
Sydney is made up of many small markets. By zooming into individual suburbs, there is still potential for property price growth despite the overall slowing of the Sydney market as a whole. This is particularly true for Sydney’s inner and middle ring suburbs, which consistently see a higher property price growth than outer areas of the city.
The population of Sydney grew by 1.7% last year reaching an estimated 5.57 million people
There are approximately 650 suburbs in Sydney’s metropolitan area
The average age of residents in Sydney’s CBD is just 32 years old, with many younger buyers and tenants looking for the convenience of city living and entertainment facilities. This has contributed to the gentrification of previously undesirable areas, which are now hot spots for property investment with infrastructure spending being pumped into inner and middle ring suburbs.
Property investors can benefit from these trends by securing the right type of property, in the right area. Some areas of Sydney suffer from an oversupply of property, so it’s important to conduct research to ensure that any investment will be attractive to Sydney’s very specific demographic.
Spend an hour with a property expert to explore which investment option is best for you.
Australia’s housing market is made up of lots of micro-markets across cities and suburbs. There are dozens of factors that impact these markets, including infrastructure, economy, population and job availability, and local developments such as new schools, businesses and amenities. We conduct in-depth research to find the next high growth areas for your investment.
The best way to find out which area is most suited to you and your financial goals is to speak with one of our advisers with our free personalised advice service. You’ll receive a comprehensive investment report tailored to your personal financial circumstances and goals. This includes the type of investment that suits you, where you could buy, and how much you could expect to profit.