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Market Update Mid Year 2021

Welcome to our mid-year market update!

Earlier this year, we spoke about the tremendous amount of energy and activity in the property market, with demand outweighing supply.

Last year economists were predicting a housing market crash. However, National home values increased 13.5% over the 2020/2021 Financial Year according to Corelogic data

This represented the highest annual growth rate in 17 years!

Our Area Sydney CBD

Although our area Sydney CBD median value stayed the same, $1.09M same time last year to $1.06M, we certainly have enjoyed the traction from the buyer interest. 

We have made some record sales this year such as: 

2503 of Landmark: 2503/348-352 Sussex St Sydney, NSW 2000

4207 of Hordern Tower: 4207/393 Pitt St Sydney, NSW 2000

3402 of World Tower: 3402/91 Liverpool St Sydney, NSW 2000

2401 of Aspect: 2401/2 Cunningham St Haymarket, NSW 2000

The market during lockdown

We’ve entered into a period of lockdown, with the Sydney property market at an all-time high. 

So far, we’re seeing buyers undeterred by the lockdown and still happy to make solid offers for properties. 

Many fear missing out and would instead make their next property move sooner rather than wait until later.

If you want to know the NEW value of your property please get in touch with

Joseph Fairchild at 0425 945 888 or [email protected]

Meet The Locals: Auctioneer James Pratt
Sydney’s Lockdown And The Rental Market

Work with Metro Realty

Whether you are holding, selling or buying an investment property, we are here to assist and be your real estate team.