Watch Sydney grow over 250 years (1770-2020)

It’s been less than 250 years since the First Fleet of 1,485 settlers first arrived in New South Wales on January 26, 1788 — a date we now celebrate annually as Australia Day. In that relatively short time, Sydney has developed into one of the world’s largest, most cosmopolitan cities, with a population of over 5 […]

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Who’s winning and who’s losing when they resell their properties in Sydney

Throughout the second quarter of 2019, the total value of resales for a profit in Sydney was $4.404 billion and the total value of resales at a loss was $178.7 million. Based on this data, Sydney accounted for 24.6% of all resales at a profit nationally over the quarter and 27.0% of the total value […]

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CoreLogic ‘rental stock on market’ data shows Sydney and Melbourne markets loosen over May

Amid COVID-19, much attention has been given to weaker rental market conditions. But as with buying and selling property, market conditions vary substantially among regions. New data estimates from CoreLogic, calculating the portion of rental stock advertised, shows further variation in the performance of rental markets across different capital cities. The percentage of rental housing […]

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Vacancy Rates continue to Rise in Melbourne and Sydney

The national residential rental vacancy rate has recorded a minor decrease over the month from 2.6% in April to 2.5% in May 2020, with the total number of vacancies Australia-wide now at 86,398 vacant residential properties. However, the largest rental markets of Sydney and Melbourne recorded rises in rental vacancies. Sydney rose to 4.0%, making […]

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