Fastrealestate

Sydney Real Estate – Sydney NSW has a dynamic property market, as the largest city in Australia Sydney has also enjoyed some of  the highest prices and biggest price gains. Buying into the city is an expensive exercise when you compare prices to other parts of Australia. Luxury homes on Sydney Harbour can cost tens of millions of dollars. High prices for units, flats and townhouses makes it hard to break into the market for low income and first home buyers. Land of course is at a premium and  rental returns are on the way up for investors on the back of the current housing affordability problems.

Recent Sydney Market Data

Sydney  Sep quarter median   % change
Jun 07 – Sep 07  % change
Sep 06 – Sep 07
 

House Price  $538,400  +1.5  +3.4
 
House Rent (3 b/r)  $295 pw  +5.4  +9.3
 
Unit Price  $360,900  -0.9  0.0
 
Unit Rent (2 b/r)  $340 pw  +3.0  +9.7
 
Vacancy rate  1.4  0.0  -0.3

Features -

Bondi Beach, Sydney Harbour Bridge, Sydney Opera House, Sydney Harbour

Sydney Real Estate - Within the vibrant city of Sydney and close to the CBD are a number of flats available for rental or purchase. Choose to live within walking distance of the heart of the city and  walk to work or stroll into the city for an evening’s dining and dancing. The city’s leisure activities are right on the doorstep and homes offer privacy and security. Flats have private undercover parking and are within easy walking distance of grocery shopping, bakery’s and bottle shops. There are a number of attractively priced flats on the market which are spacious, clean and have views of the nearby bay.