Why buyers are fearful of Sydney's housing market right now

 Sydney's rising house prices have long been a thorn in the side of prospective buyers, given that the most expensive city in the country has experienced sustained growth over the past 25 years.

A new Domain report suggests that trend is set to continue, with the median house price in Sydney forecast to rise by 7 per cent in the 2025-26 financial year.

The record-high $1.83 million median price tag is inhibitive to most, considering national median earnings are $67,600, as per Australian Bureau of Statistics data.

To read more, click here- https://www.abc.net.au/news/2025-06-20/sydney-property-prices-on-the-rise-prospective-buyers-react/105437154



Comments

Post a Comment

Popular posts from this blog

Sydney trains in chaos after tragic incident at busy station

Image
A person has died in an apparent act of self-harm at a Sydney train station, causing major disruptions as passengers were evacuated. “An incident requiring emergency services” had occurred on Sydney’s T1 train line at Lindfield in Sydney’s northwest, Sydney Trains posted on X at 12.48pm on Friday. A video from the scene shows passengers exiting the train and walking along the tracks after services were stopped. To read more:  https://7news.com.au/news/one-dead-in-apparent-self-harm-at-sydneys-lindfield-station-causing-major-disruptions-c-17643517
Read more

Trump blames Biden, California governor as Los Angeles fires intensify

Image
US President-elect Donald Trump has blamed California Governor Gavin Newsom and President Joe Biden for the widespread disaster caused by the Los Angeles wildfires, which have killed five people, destroyed more than 1000 buildings and left more than 1 million people without power. Read More:  https://www.smh.com.au/world/north-america/trump-blames-biden-california-governor-as-los-angeles-fires-intensify-20250109-p5l313.html
Read more

How Smart Buildings Are Affecting Commercial Tenancies?

Image
 Smart buildings are changing the way commercial tenancies work by offering more comfort, control and savings. These buildings use smart systems to manage lighting, temperature, security and energy use, which helps lower costs and improve the experience for tenants. Businesses are now looking for office spaces that support remote access, better air quality and real time data on how the space is used. This makes smart buildings more attractive and competitive in the rental market. Tenants also benefit from improved safety features and easier building management. As technology keeps growing, more landlords are upgrading their spaces to keep up. Smart buildings are quickly becoming the new standard, shaping the future of commercial leasing and how people work every day. Read more-  https://www.commercialproperty2sell.com.au/blog/2025/05/how-smart-buildings-are-affecting-commercial-.php
Read more