Affordability · 8 min read
The million dollar mortgage — what does it actually buy?
What a $1 million mortgage actually buys you in Sydney in 2026 — and how much income you really need to service it without falling into mortgage stress.
— Alan Weiss, Principal
Thank you for reading this post, don't forget to subscribe!For most of the past decade, sellers were taught to shortlist on brand — the biggest name, the most boards, the highest number of sales. In a market that was rising on its own, that logic held up well enough.
Low interest rates, rising prices and a digital marketing boom did most of the work. Property sold quickly, often above expectation, and agents looked like magicians. A great deal of that business ran on autopilot. Very little of the result actually came down to the agent.
That market has gone. Clearance rates are down, buyers are cautious and finance is harder to get across the line. In these conditions, a brand name and a high sales count add nothing to the price you achieve. What adds to it is the work — knowing every serious buyer, staying across the detail, reading where the market is genuinely moving, and holding a position through a negotiation that now runs for weeks rather than a weekend.
I have sold through several markets like this one: booms, corrections, rate cycles and flat years. A flat or falling market rewards the agent who advocates for the vendor, because it demands more time, closer knowledge of the buyers, and someone prepared to argue your position rather than manage you toward the first acceptable offer.
The other thing that changed is where buyers look. Every buyer now starts online, and the portals are open to every agent equally — they do not rank a listing by the brand behind it. Weiss Real Estate is powered by eXp Realty, the largest independent brokerage in the world, with more than 80,000 agents across 25-plus countries. eXp has grown by attracting established agents out of the traditional brands — people who wanted to work independently and had the technology to do it. Look it up and judge it on its merits.
— Alan Weiss, Principal · Lic. 218396
Every engagement is handled by Alan personally — from first appraisal to final signature. No handovers, no juniors, no delegating.
Whether you are selling, buying, or doing both in one move, the method is the same: strategy before marketing, buyers before boards, and your position argued at every point of the negotiation.
All servicesFrom the sun-drenched shores of Bondi to the harbourside addresses of Point Piper — market insight, recent activity, and the buildings I quietly steer clients away from.
Alan was honest when honesty cost him a listing, patient when speed would have suited him, and present at every moment of the sale. We came to him as clients and left as advocates.
— Eastern Suburbs vendor · 2025 sale
"Alan is the best with his logical approach and his integrity is second to none."
— Matt Rimmer · Google review"A wonderfully personable professional who is seriously knowledgeable about his industry. He is an impressive man."
— Daniel Rowland · Google review"Alan provides a wealth of knowledge and understanding of the market in the Eastern Suburbs from his long involvement in the industry."
— Bruce Hodge · Google review"His depth of knowledge about Sydney's real estate market is always impressive. He doesn't just report trends — he explains what they mean."
— Natasha Biskin · Google reviewLoading the latest articles…

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