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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Sydney has certainly been our nation’s benchmark market – and it’s obvious why. Around 60 per cent of all transactions occur in and around the capital. This gives it substantial weight in any national analysis. We’ve also noticed that some observers who proffer their opinion about the ‘Australian property market’ are often simply describing Sydney’s…
This Blog is going to be a little different from my other blogs. Purely because I write this blog with a level of hesitation. And the reason I have a level of hesitation is that whenever I see a blog written with the title “Top Hotspots for 2020” or “Property Investment Hotspots” it usually makes…
Sydney’s property market has been the central focus of the real estate industry lately… Particularly as Australia’s largest property market is on the move again having recorded its quickest turnaround in decades. Since bottoming out after the election in May 2019, Sydney dwelling values have recovered by 11.2%. Sydney house prices increased 1.5% over the month…
Property prices in Australia are almost back to peak levels according to Domain’s December 2109 House Price Report . Sydney’s property market is well and truly on its way back up, with the latest data revealing the city’s median house price increased 6.8 per cent in the 12 months ending December 2019, reaching a new median…
The Sydney housing market has completed a remarkable turnaround in 2019 recording record boomtime results over December. Weekend auction clearance rates have soared over the year with December’s 77.8% result a record Sydney high for that month and well ahead of the December 2018 rate of just 43.1% – conversely a record monthly low result….
Throughout the second quarter of 2019, the total value of resales for a profit in Sydney was $4.404 billion and the total value of resales at a loss was $178.7 million. Based on this data, Sydney accounted for 24.6% of all resales at a profit nationally over the quarter and 27.0% of the total value…
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…
The rivalry between Melbourne and Sydney has a long history. Everything from the weather to the football is keenly debated. But one thing remains a fact – Sydney is Australia’s largest city, with a 2018 population of 5.23 million. But has it always been this way, and what of the future? Read on the find…
Sydney property markets have been in the slump phase of the property cycle since the middle of 2017. But our markets have been very fragmented with some suburbs falling in value considerably more than others. Despite further price deterioration to house and unit prices over the last quarter, the rate of decline has eased from…
If I had a dollar for every time I was told that older people are downsizing in droves and leaving the suburbs for the inner city, I’d be a much richer person. This perception has persisted despite the evidence to the contrary. Every so often an article will appear in a newspaper that perpetuates the myth….
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