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Sydney, NSW 2000 Review

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The Australian property market is back in full swing.The national housing market finished on a high note last year, with every capital city bar Darwin and Adelaide recording positive property value growth in 2019.But there’s one city that looks like it’s well and truly blossoming again, and it’s Sydney. According to Select Residential Property Research director of research Jeremy Sheppard, there are a handful of regions that will see eye-watering house price growth this year – but the Harbour City is home to all the areas that will see growth of more than $100,000. Why are Sydney house prices growing again? There are two reasons why Sydney’s property market is strengthening, Sheppard said: demand is still exceeding supply, and the prices are coming back from where they were during the downturn.Here’s a look at the Sydney suburbs where house prices will jump by more than $100,000: Bronte, Sydney NSW: +$219,000Paddington, Sydney NSW: +$145,000Collaroy Plateau, Sydney NSW: +$107,000Davidson, Sydney NSW: +$103,000 Runners-upAllambie Heights, Sydney NSW: +$98,000Narraweena, Sydney NSW: +$93,000 Where else are house prices expected to grow?While Sydney is expected to see the highest growth in terms of dollar value, the suburb where median house prices are expected to jump the most in terms of percentage value is Tasmania’s St Leonards, where prices are set to rise by 7.5 per cent in 2020.  More Detail at:x Suburbs where house prices will jump more than $10... The Australian property market is back in full swing.
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