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Sydney, NSW 2000 Review

30.5L (6500 per sq ft)
Rent: 15000
Overview
Demand/Popularity 100%
Crime Index 1%
School Rating Primary/Secondary
Price Trend 1% (in last 6 months)

Rental reforms are currently taking place across the country and Victoria is leading the way, making it easier for tenants to have pets, longer leases and easier applications with 1form. However, it’s still good to know what you can and can’t do in your rental... more

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Robin

Robin

Sydney
Australia’s most-talked-about property market, Sydney, looks to be heating up at the moment, with a 5% gain in median home values over the three months to 31 October 2019. That’s according to CoreLogic’s latest Home Value Index, which shows the rises in Sydney drove an average quarterly price increase of 2.9% across the nation. But on an annual basis, Sydney’s median prices are still down 2.5%, and down more than 10% from their peak just two years ago. While the general trend in house prices seems to be up, there are many other political and economic factors at play that will continue to impact Sydney’s property market heading into the new year. CEO of real estate group Starr Partners Douglas Driscoll has released his annual property market forecasts for Sydney in 2020, with first home buyers, apartment construction and stamp duty featured in his predictions. Prices to increase by 5-10%First home buyers to enter in their drovesListings to remain lowProperties will be bought quickerRoyal Commission into apartment construction?Houses to get smaller and smallerMore unique housesRefinancing to remain strongThe rise of ‘exurbs’ andStamp duty to be reviewed Details inside: x 10 Sydney property market predictions for 2020 Australia’s most-talked-about property market, Sydney, looks to be heating up at the moment, with a 5% gain in median home values over the three months to 31 October 2019. www.savings.com.au
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