RECAP. Sydney’s residential market continued its upward trajectory in 2025, with dwelling values rising 1.3% year-on-year and the city’s median price reaching $1.21 million. Values now sit just 1.4% below their previous peak, reflecting a stable recovery supported by undersupplied listings, robust population growth, and historically low vacancy rates. These dynamics are fuelling competitive buyer activity, particularly across blue-chip and lifestyle precincts. With housing approvals set to accelerate under new planning reforms and interest rate cuts on the horizon, current conditions present a timely opportunity for sellers to capitalise on renewed market confidence and for investors to reposition ahead of the next growth phase. FORECAST. Sydney’s property market is forecast to grow 3–7% through the remainder of 2025, underpinned by strong fundamentals including limited supply, population-driven demand, and easing borrowing conditions. Dwelling values have already increased 1.3% year-on-year, with prices now sitting just 1.4% below their previous peak, indicating a steady recovery in momentum. New housing supply remains constrained, with approvals falling nearly 19% year-on-year, further supporting upward price pressure. As NSW’s Low- and Mid-Rise Housing Policy begins to unlock future development, the current market presents a window of opportunity for sellers to capitalise on tight competition—and for buyers to secure assets before further price acceleration. Edward Brown Principal, Belle Property Bondi Junction
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