Every Australian capital city has its ups and downs when it comes to property investment. But before you launch into investing in Sydney it’s worth doing your research and seeking expert advice. That’s why we’ve developed these articles, for a more local perspective on what you’ve read about investment so far.
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Play this important message from Michael Yardney Are you wondering what will happen to the Sydney property market this year? Well… Sydney property prices rose by 6.3% in the last quarter and Sydney’s auction market remains strong clearing well over 90% of auctions in many parts of the city. A recent report from ANZ Bank…
Sydney’s property auction market reached the highest clearance rate seen since 2015 in March, with a staggering 82.5% of properties selling under the hammer. In fact, monthly auction selling rates have held above 80% now for two consecutive months as Australia’s property market booms. According to the latest Domain report, the monthly clearance rate in…
Where are the best locations to invest in Sydney property in 2021? The Sydney property market is forecast for strong growth in 2021-22, but as always, not all Sydney suburbs will perform the same, and if history repeats itself some properties will increase in value significantly over the year, (with some exhibiting double-digit capital growth)…
Have you ever wondered where Sydney’s richest people live? Recent data from the Australian Taxation Office (ATO) has revealed Sydney’s highest-earning postcodes where average individual incomes easily fetch six zeros, the houses are bigger and the suburbs are more elite. In fact, the data highlights the stark divide between the richest and poorest Sydneysiders with workers…
Whether you’re a property buyer or investor, proximity to certain school zones should be a major consideration when buying your next home. A well-rated school can do wonders for property value, and recent data shows that school catchment zones can actually have a significant influence over how quickly property prices grow. In fact, Domain Group’s latest 2020 School…
The landscape of the housing market in New South Wales has shifted rapidly over the past three months from a buyer’s market to a seller’s one. Only three months ago homebuyers in Sydney were in solid position to leverage on the prevailing market conditions. This is, however, no longer the case, with a sharp increase…
In the second half of 2018, the population of NSW reached 8 million – a milestone that was 230 years in the making. Population wise, NSW is Australia’s largest state, and it is also the state that was first settled by Europeans. The state capital, Sydney, is a global city which is one of the…
The most recent edition of Corelogic’s Pain and Gain report analyses approximately property re-sale events over the June 2020 quarter to see who’s made money on their property sale and who has not. Over the June quarter, 8.8% of resales saw a nominal loss across Greater Sydney, suggesting the rate of profitable resales declined 1.4…
It’s been less than 250 years since the First Fleet of 1,485 settlers first arrived in New South Wales on January 26, 1788 — a date we now celebrate annually as Australia Day. In that relatively short time, Sydney has developed into one of the world’s largest, most cosmopolitan cities, with a population of over 5…
Cast your mind back to the early 1990s — Australia was in the midst of the recession that we had to have, Paul Keating (who coined the phrase) was the Prime Minister, grunge ruled the music industry and there was no Internet. Australia’s population was 18.2 million, growing by around 1.1% on average in the first…
