Your guide to the Sydney property market and house prices

Your guide to the Sydney property market and house prices

With an idyllic blend of beach and city, Sydney is one of Australia’s most popular cities to buy property.

Whether it’s the historic terraces of Surry Hills, a beachside apartment in the Northern Beaches or a larger home in the Western suburbs, there are many great investment opportunities in this urban oasis.

According to data from CoreLogic, the predominant age group in Sydney is 20-29 years. Households in Sydney are primarily childless couples and are likely to be repaying $1,800 to $2,399 per month on mortgage repayments.

In general, most people in Sydney work in a professional occupation. In 2011, 33.6% of the homes in Sydney were owner-occupied compared with 29.1% in 2016. Currently, the median sales price of houses in the area is $230,000.

Thinking of buying in Sydney? Check out our table of median prices to compare suburb prices in Sydney.

Sydney is notoriously difficult property market to break into, so using a mortgage broker is recommended.

A good Sydney mortgage broker will be able to help you find the best home loans, provide advice and guide you through to settlement.

At eChoice, we have some of the top mortgage brokers in Sydney who can help you find the best home loan for you.

Unlock your suburb's demographic profile

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I am looking to buy a property
in .

Looking to buy in Ultimo, NSW 2007.

Roof
Average property price
$1,000,000
Average loan amount
$800,000
Average annual salary
$60,000
Average credit card limit
$2,400
house foundation

This information is a guide only and is an estimate only based on the past 12 months of aggregated online mortgage enquiries from eChoice and partner programs.

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