Sydney Suburbs snapshot since the onset of interest rate increases
Several suburbs in Sydney have shown remarkable resilience by recording price growth despite the Reserve Bank of Australia’s (RBA) series of interest rate increases from
Several suburbs in Sydney have shown remarkable resilience by recording price growth despite the Reserve Bank of Australia’s (RBA) series of interest rate increases from
The Eastern Suburbs property market has been very different this year than last. Last year was all about declining demand and price falls. This year is all about recovery.
Over the past three years, Sydney’s property market has taken us on a wild ride—surging highs, sharp falls, and an unexpected rebound. It begs the question: is this the new normal?
There are 570 auctions scheduled across Sydney for the coming week (down 6 from the previous week), and a clearance rate of 71% (no change).
The average homeowner in Sydney’s Eastern Suburbs is holding onto their home for 9.9 years, which represents a 3.9-year increase on the time they stayed in their house twenty years ago. The ongoing decline in the number of sales is the best evidence for this trend.
The Eastern Suburbs had an auction clearance rate of 75% on Saturday, April 1 2023 with a 6-bedroom house at 54 Gilbert St Dover Heights selling for $11,800,000.
Despite gloomy headlines, the real story in Sydney’s property market is far more nuanced—and in many ways, more optimistic—than it may appear.
Sydney’s property market continues to fetch impressive prices, particularly in some of the most sought-after areas, despite declines from its peak over the past year.Sydney’s Top 10 Most Expensive Suburbs in 2025
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