It’s 2023 and the Sydney property market continues to grow with an increase overall in value of 3.1% for January.
Category: Property Market
At the end of 2021, the Sydney property market has finished up the second strongest property market in Australia.
There is currently much discussion surrounding forecasting of the Australian property market in light of interest rate rises. Although there is much to be discussed, SydneyLinks is currently seeing an increase in rental prices across the suburbs.
At the end of 2021, the Sydney property market has finished up the second strongest property market in Australia.
As the end of this challenging year approaches, we reflect on the property market during 2021 and look to the future for upcoming trends.
Currently in the middle of a tight government lockdown, interest in property remains in high demand. Vendors, buyers and renters alike continue to show up at open homes.
The good news for property owners is that sales are up! But, for the first time, we are experiencing a market where rental properties are not dictating sales.
With interest rates near zero, the economy injected with massive amounts of stimulus and hope in sight for the fight against Coronavirus, confidence is returning to the property market and prices have started to rise once again.