Property Market in Sydney
Sydney remains Australia's most expensive property market, driven by limited land supply and strong demand across the harbour city's eastern and northern suburbs. The unit market plays a critical role in affordability, particularly for first home buyers priced out of the detached housing segment.
House-price scenario
$1,600,000
Unit-price scenario
$780,000
These are indicative scenario inputs, not live valuations or sale-price estimates. Property prices vary by suburb, property and data period. Replace them with a current price before relying on a calculator result.
For an illustrative Sydney scenario using a price of $1,600,000, a 20% deposit ($320,000) and a $1,280,000 loan at an assumed 6.20% over 30 years, principal and interest repayments are approximately $7,840 per month. Change the price, deposit, interest rate and loan term above to model your own assumptions.
Buying Property in Sydney
Sydney's east-west price divide is stark — a house in Bondi or Mosman can cost three to four times what a comparable property fetches in Penrith or Campbelltown, so narrowing your target corridor early saves months of wasted inspections. The auction process dominates in Sydney's inner and middle rings, and buyers who haven't attended at least a few auctions before bidding on their target property are at a serious disadvantage against experienced bidders. Deposit expectations also vary dramatically: a 10% exchange deposit is standard, but some vendors in premium suburbs push for 5% while off-the-plan developers may require staggered payments up to 20% well before settlement.