Strong market performance amid national momentum As winter settles in, the Australian property market continues to perform, with Sydney house prices rising 1.0% in May to a median of $1,627,858. On the Upper North Shore, confidence is high following recent interest rate cuts, and we’re seeing steady demand push values higher in response to limited supply. Tight listings creating opportunity Despite a 19.5% month-on-month rise in Sydney listings during May, overall stock remains 3.0% lower than the same time last year. This ongoing shortage continues to create favourable selling conditions, as buyers compete for limited options. Nationally, auction clearance rates lifted to 69.7%, reinforcing the strength of current market activity. Buyer intent remains high Ray White auctions are recording strong engagement, with an average of 4.1 registered bidders per property and 68% actively participating. These figures reflect serious buyer intent and a willingness to act quickly when the right property hits the market — a trend driven by tight supply and renewed confidence. Market outlook: Winter into Spring The remainder of winter is expected to remain active, with demand outpacing supply across many segments. Interest rate cuts have improved conditions for buyers, and listing activity is likely to build as we head into spring. For sellers, there’s a valuable opportunity to get ahead of the seasonal uplift and take advantage of current market strength. If you’re thinking of selling, my team and I use detailed buyer insights to drive competition and negotiate from a position of strength, so you get the best price. Book your property appraisal now. Amy Kaslar 0438 404 444 amy.kaslar@raywhite.com Proudly sponsored by Amy Kaslar Thornleigh Thunder FC Thornleigh West Public School INSIDE THE MARKET: WINTER EDITION
RkJQdWJsaXNoZXIy MTI3ODI1