Anyloan Australia :: News
SHARE

Share this news item!

Sydney Leads Australia's Housing Market Resurgence

Sydney Leads Australia's Housing Market Resurgence

Sydney Leads Australia's Housing Market Resurgence?w=400
CoreLogic's latest preliminary auction results have revealed Sydney's dominant role in Australia's housing rebound, with an impressive clearance rate of 71.4%.
This marks the sixth consecutive week that the auction clearance rate in Sydney has surpassed 70%.

Over recent months, Sydney's auction market has shown signs of revitalisation. The city’s final auction clearance rate has climbed from an average of 57% last December to 64% in March, according to CoreLogic's figures.

The residential property market's strength is further reflected in CoreLogic’s daily dwelling values index, positioning Sydney at the forefront of the national price recovery. Over the past 28 days, Sydney experienced a growth rate of 0.5%, currently the highest among major Australian capital cities.

Commenting on the trend, CoreLogic’s Tim Lawless observed that home buyers have significantly increased their activity following recent rate hikes, which have propelled buyer interest from below-average to approximately average levels. Lawless noted a transformative "changing of the guard" in market dynamics, with Sydney and Melbourne leading the recovery trend, overshadowing mid-sized capitals such as Brisbane and Perth.

As Australia’s most expensive property market, Sydney is poised to benefit substantially from three anticipated rate cuts within this calendar year. This fiscal environment could further stimulate growth and strengthen Sydney's position as a housing market leader.

Looking ahead, stakeholders in the Australian housing sector will be watching closely to see how these developments evolve and influence broader market trends nationwide.

Published:Monday, 17th Mar 2025
Source: Paige Estritori

Share this news item:

Finance News

Calls Intensify for Swift Financial Advice Reforms in Australia Calls Intensify for Swift Financial Advice Reforms in Australia
06 May 2025: Paige Estritori

Amid pressing concerns from industry associations, the call for rapid finalization of financial advice reforms in Australia has been amplified. The lack of direction from the Labour government regarding the Compensation Scheme of Last Resort (CSLR) is causing uncertainty in the sector, potentially stalling essential reform work. The impending retirement of Stephen Jones has only added to the speculation surrounding the future of these reforms. - read more
Unlocking Income Opportunities Through Commercial Real Estate Debt Unlocking Income Opportunities Through Commercial Real Estate Debt
06 May 2025: Paige Estritori

Investors are increasingly discovering income prospects in commercial real estate (CRE) without owning property directly. CRE debt investments offer a popular method to generate returns by lending to those requiring capital for commercial property ventures. The investors' gains are derived from borrowing costs, encompassing interest and fees, once fund expenses are deducted. - read more
Navigating the Challenges of Bond Income Distributions Navigating the Challenges of Bond Income Distributions
05 May 2025: Paige Estritori

As global bond yields experience a resurgence, many income-seeking investors face diminishing returns from cash distributions. According to a recent analysis by investment researcher Zenith, a noticeable discrepancy has emerged between the average yields of bond fund portfolios and their actual income distributions. - read more
Westpac Records Slight Profit Drop Amid Geopolitical Risk Concerns Westpac Records Slight Profit Drop Amid Geopolitical Risk Concerns
05 May 2025: Paige Estritori

In a cautious signal to the market, Westpac has recorded a marginal decline in its half-year profit, posting a $3.45 billion result, down by one per cent compared to previous figures. This financial outcome marks the first under the direction of their new CEO, Anthony Miller, who commenced his role in December last year. Westpac has flagged geopolitical unpredictability as a significant ongoing risk, reflecting a challenging environment for the financial sector. - read more
US Federal Reserve Rate Decision Grips Australian Investors US Federal Reserve Rate Decision Grips Australian Investors
04 May 2025: Paige Estritori

The upcoming interest rate decision by the US Federal Reserve is creating significant anticipation among Australian investors. As the announcement is set for Thursday, the market is particularly keen on understanding the future direction beyond the expected maintenance of the current cash rate, which Federal Reserve Chair Jerome Powell has previously indicated for May. - read more


Finance Articles

Top 10 Smart Borrowing Strategies for Australians: A Comprehensive Guide Top 10 Smart Borrowing Strategies for Australians: A Comprehensive Guide
Smart borrowing is crucial for individuals and businesses in Australia to manage their financial goals effectively. With a well thought-out borrowing strategy, you can optimize your finances, minimize costs, and achieve your financial objectives. - read more
What to Do If Your Loan Application Is Denied What to Do If Your Loan Application Is Denied
If you're here, you've likely faced the disappointment of having your loan application denied. - read more
Breaking Bad Budgets: Positive Money Moves to Make Today Breaking Bad Budgets: Positive Money Moves to Make Today
Financial wellbeing is often a balancing act that many Australians find challenging. In an age where the cost of living seems to climb incessantly, managing money effectively has never been more critical. Yet, despite the importance of financial literacy, many individuals struggle to break free from the cycle of poor budgeting and erratic spending habits. - read more
Understanding Interest Rates: How to Get the Best Deal on Your Loan in 2024 Understanding Interest Rates: How to Get the Best Deal on Your Loan in 2024
As we step into the year 2024, the financial landscape continues to evolve, bringing to the fore the ever-critical subject of interest rates. For anyone considering taking out a loan, whether for a car, a home, or personal expenses, understanding the mechanics of interest rates is not just beneficial; it’s essential. - read more
The Impact of Credit Scores on Loan Applications: How to Borrow Smartly The Impact of Credit Scores on Loan Applications: How to Borrow Smartly
Credit scores play a crucial role in loan applications, determining eligibility and interest rates for borrowers. Understanding how credit scores are calculated and the impact they have on loan applications is essential for anyone who wants to borrow smartly. - read more
Understanding the Power of Pre-Approval in Your Financial Journey Understanding the Power of Pre-Approval in Your Financial Journey
Pre-approval in the financial world refers to a preliminary evaluation by a lender to determine how much credit or loan they may be willing to extend to an applicant. It's a vital step for any Australian looking to finance a significant purchase such as a home or a car. Essentially, pre-approval provides potential borrowers with an indication of their borrowing capacity, subject to final verification and approval. - read more
Mastering Money: Strategies to Boost Your Financial Health Mastering Money: Strategies to Boost Your Financial Health
Financial health is a crucial aspect of overall well-being, particularly in the ever-evolving economic landscape of Australia. The capacity to manage personal finances effectively not only provides a sense of security but also opens doors to opportunities that might otherwise be out of reach. As such, mastering the art of money management is an indispensable skill for Australians from all walks of life. - read more
Step-by-Step Guide to Navigating the Loan Application Process Step-by-Step Guide to Navigating the Loan Application Process
Welcome to our step-by-step guide to navigating the loan application process! Whether you're seeking a home loan, personal loan, or business loan, the journey can seem overwhelming. - read more
Comparing Loan Options in Australia: The Role of Loan Calculators Comparing Loan Options in Australia: The Role of Loan Calculators
Loan calculators are powerful tools that assist borrowers in estimating their potential loan payments. By inputting variables such as loan amount, interest rate, and loan term, these calculators provide insight into what one's monthly repayments might look like. This can be invaluable for budgeting and financial planning purposes. - read more
Understanding Loan Calculators: A Practical Guide for Smart Borrowers Understanding Loan Calculators: A Practical Guide for Smart Borrowers
Understanding the loan application process can be quite challenging. However, with the right tools, it becomes much easier to navigate. One of these essential tools is a loan calculator. - read more


Need Help Finding a Loan?
Find out now if you qualify and compare rates, offers and options from multiple lenders - without a credit check!
Loan Amount:
Postcode:
All finance quotes are provided free (via our secure server) and without obligation.
We respect your privacy.

Knowledgebase
Private Mortgage Insurance (PMI):
A type of insurance that a borrower might be required to purchase as a condition of a conventional mortgage loan, if the down payment is less than 20% of the property value.


Quick Links: | Compare Loans | Bad Credit Loans | Finance For Self-employed | Low Rates | Free Loan Assessment