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

Sydney’s western suburbs have clearly reported the highest number of houses sales over January at 487 followed by the South West 277, the Upper North Shore 111, and the South with 110.

Sydney 1

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

Sydney 2

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 Price Boom of 2021 has eased as affordability barriers from high prices have increasingly constrained buyer activity, the local market clearly remains robust – particularly in lower-priced, more affordable outer-suburban regions.

ALSO READ: These suburbs joined the million-dollar club in Sydney



icon-podcast-large

Subscribe & don’t miss a single episode of Michael Yardney’s podcast

Hear Michael & a select panel of guest experts discuss property investment, success & money related
topics. Subscribe now, whether you’re on an Apple or Android handset.

Need help listening to Michael Yardney’s podcast from your phone or tablet?

We have created easy to follow instructions for you whether you’re on iPhone / iPad or an Android
device.

icon-email-large

Prefer to subscribe via email?

Join Michael Yardney’s inner circle of daily subscribers and get into the head of Australia’s best
property investment advisor and a wide team of leading property researchers and commentators.





Source link

Leave a Reply

Your email address will not be published.