A solid start for Sydney property in 2022, despite Covid concerns.

The Sydney housing market has commenced 2022 with continuing solid buyer activity, despite ongoing covered restrictions and concerns.

Sydney’s western suburbs have clearly reported the highest number of house sales over January at 487, followed by:

• The Southwest – 277
• The Upper North Shore – 111 and….
• The southwest 110

 

Although current median house prices in Sydney’s popular West and South West regions are a just under $1,000,000, they remain well below those recorded in Sydney’s inner suburban regions.

Top Sydney suburbs for house sales

The top Sydney suburbs for house sales reported over January are Box Hill, Schofields, Blacktown, Austral and Marsden Park – all in the West and South West.

Although the great Sydney Property Price Boom of 2021 has eased as affordability barriers from price high prices have increasingly constrained buyer reactivity, the local market clearly remains robust, particularly the lower priced, more affordable outer suburban regions.