Personal Loans Australia :: News
SHARE

Share this news item!

Sydney Property Market Rebounds with Strong Auction Performance

Sydney Property Market Rebounds with Strong Auction Performance

Sydney Property Market Rebounds with Strong Auction Performance?w=400
The Sydney property market showed signs of revival as the latest auction results indicated a resurgence in buyer enthusiasm.
Last weekend, the city recorded a preliminary auction clearance rate of 70.5%, marking a notable rebound from the previous week's low of 58.1%.
The recent performance also represents Sydney's first clearance rate above 70% in three weeks and only the second instance in the past thirteen weeks.

The preceding low clearance rate was influenced by the King's Birthday long weekend, which led to a reduction of approximately one-third in the number of auctions held. As the auction market regained momentum, Melbourne also reported strong activity with a preliminary clearance rate of 72.2%, maintaining its stability above the 70% threshold for the seventh consecutive week.

In addition to the auction success, Sydney home values increased by 0.6% over the past 28 days, as per data from Cotality. This marks the most robust value growth for the city since March 2024.

Forecasts from the futures market anticipate a further 0.25% reduction in the official cash rate in July, with two more cuts expected later this year. Should these predictions hold true, the cash rate would decrease to 3.10% by year-end, a drop of 1.25% from its peak. Given Sydney's sensitivity to interest rate changes, largely due to its affordability challenges, such rate cuts could significantly stimulate the market.

The anticipated boost will be compounded by the forthcoming first home buyers' incentive, offering a 5% deposit scheme set to commence on 1 January 2026 under the Albanese government.

However, the dynamics of supply and demand in Sydney are shifting. Over the year to May, the city saw a 5.2% increase in for-sale listings, contrasting with a 2.1% national decline. This increase might limit the upward pressure on property prices despite the expected market stimuli.

Published:Monday, 16th Jun 2025
Source: Paige Estritori

Share this news item:

Finance News

US Involvement in Israel-Iran Conflict Sparks Financial Market Concerns US Involvement in Israel-Iran Conflict Sparks Financial Market Concerns
23 Jun 2025: Paige Estritori

The escalating likelihood of the United States engaging militarily in the Israel-Iran conflict has raised alarm among investors, potentially leading to significant market volatility. This concern was highlighted by the global financial advisory firm, deVere Group, as tensions heighten in the Middle East. - read more
Global Markets Brace for Oil Price Surge Following US Strike on Iran Global Markets Brace for Oil Price Surge Following US Strike on Iran
23 Jun 2025: Paige Estritori

The recent US military attack on Iranian nuclear facilities has raised expectations of a significant oil price spike as global markets prepare to resume trading. Announced by former President Donald Trump, the attack marks an increased US involvement in the Middle East, which analysts believe could lead to heightened volatility across financial markets. - read more
Trump Mulls Change of Heart on Firing Fed Chair Powell Trump Mulls Change of Heart on Firing Fed Chair Powell
21 Jun 2025: Paige Estritori

US President Donald Trump is once again contemplating the dismissal of Federal Reserve Chair Jerome Powell, whom he has criticized for not lowering interest rates. Trump expressed his dissatisfaction with Powell's decisions in a Truth Social post, suggesting he might change his mind about firing him. Despite acknowledging that his strong criticisms make Powell's task challenging, Trump remains focused on his agenda for reduced rates, especially with Powell's term set to end in May 2026. - read more


Personal Loans Articles

Loan-Ready Budgeting: Prepare Your Finances for a Smooth Application Loan-Ready Budgeting: Prepare Your Finances for a Smooth Application
Stepping into the realm of loans and finance can be a daunting endeavor, but it all begins with a solid foundation in personal budgeting. Understanding how to manage your money effectively is not just a skill—it’s a crucial aspect of securing financial stability and achieving peace of mind. By tuning in to your finances and preparing a thought-out plan, you’re setting the stage for a well-informed loan application process. - read more
Comparing Loan Options: Strategic Thinking for the Financially Conscious Australian Comparing Loan Options: Strategic Thinking for the Financially Conscious Australian
As Australians navigate the complex world of finance, understanding the nuances of borrowing can make a significant difference in one’s economic well-being. Being credit-savvy is not just about securing a loan; it's about making informed decisions that align with your long-term financial goals. In this pursuit, comparing loan options emerges as a crucial step for the financially conscious Australian. - read more
The Ultimate Guide to Maintaining a Healthy Credit Score The Ultimate Guide to Maintaining a Healthy Credit Score
Welcome to our ultimate guide on maintaining a healthy credit score. Whether you're just starting your credit journey or you're an experienced borrower, understanding how to keep your score high is crucial. - read more
Strategies for Managing Your Loans During Economic Uncertainty Strategies for Managing Your Loans During Economic Uncertainty
Economic uncertainty refers to a period of unpredictability and instability in the financial markets and economy. It can be caused by various factors such as global events, political climates, or shifts in market dynamics. During these times, individuals and businesses alike may struggle to predict what will happen next, leading to widespread concern and caution. - read more
Your Financial Comeback: Rebuilding Credit Scores for Future Opportunities Your Financial Comeback: Rebuilding Credit Scores for Future Opportunities
In the dynamic landscape of Australian finance, the emphasis on a robust credit score cannot be overstated. A favourable credit score serves as a gatekeeper to a world of financial opportunities, determining the ease with which individuals can access loans, the interest rates they will be eligible for, and even the prospects of securing a home in an ever-competitive market. As the average mortgage sizes surge to unparalleled heights, the significance of maintaining an advantageous credit profile escalates in tandem. - read more
Proven Strategies to Boost Your Personal Loan Approval Odds Proven Strategies to Boost Your Personal Loan Approval Odds
Embarking on the journey to secure a personal loan can often seem like navigating through a complex financial landscape. Particularly for Australians, where the market is bustling with a multitude of lenders each with their respective criteria and rates, increasing the chances of loan approval is a pursuit that requires insight and preparation. - 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
Inflation:
The rate at which the general level of prices for goods and services rises, eroding purchasing power.