Sydney’s property market is offering buyers a much-needed boost in 2025.
Following the Reserve Bank’s interest rate cut in February, confidence has surged, with borrowing power increasing and sentiment in the Westpac-Melbourne Institute’s “time to buy a dwelling” index hitting its highest level since 2021.
This renewed optimism is matched by a significant rise in listings. The number of new properties hitting the market in Sydney jumped 17.7% in March compared to the same time last year, according to PropTrack.
This means more choice for buyers and less competition, giving you greater bargaining power when negotiating. Property values are also ticking upwards, supported by falling mortgage rates and strong activity across the city.
With further rate cuts expected in 2025, Sydney buyers are in a strong position. More stock, more confidence and improved affordability could make now a good time to make a move.
About the author - Alex Veljancevski is a Sydney mortgage broker with Eventus Financial, which assists first home buyers, investors, upgraders and borrowers seeking a better deal on their home loan.
