Many thought prior to the Federal Election, that the Sydney property market was not the right place to invest. But despite uncertainties, Sydney’s home auction market has only strengthened in recent weeks. In one week the weekend clearance rate was 73.5% and a week later, 75.4% with the main driver being Sydney’s market is characterised by fierce competition between buyers, over smaller pools of property.
Last year 605 properties went to auction on the same weekend that this year was just 419. As expected, it was way ahead of the 200 auctioned over the election-day weekend.
In most regions and the Eastern Suburbs in particular, the Sydney home-auction market continues to record robust results for sellers with strong buyer competition for listings.
Although the Reserve Bank has left interest rates on hold over July at a record low 1.75%, it is very possible there will be a further reduction sooner rather than later – perhaps as soon as next month.
Low and falling interest rates supports buyer and seller confidence with strong competition amongst banks for mortgage customers also driving housing demand.
As 2025 comes to a close, Ray White Double Bay’s Property Management leaders reflect on the key trends that shaped Sydney’s rental market, and what they mean for landlords and investors in the year ahead. Business Development Manager Nicole Beckett and Property Management Team Leader Georgia Kapsimalus share their … Read more
November proved to be a standout month for the Ray White Double Bay Property Management team, with a series of impressive leasing results across Sydney. From record-breaking prices to swift off-market leases, our team once again demonstrated the expertise and commitment that sets us apart. Strong Results Across Key Locations … Read more