Global Power | Local Knowledge | Uniquely Personal

Sydney property continues to outpace general market

The price of property in Sydney has continued to increase faster than in any other across the nation in recent times, with the latest report showing that only one area of the city has seen any sort of drop in value over the past three years. 

It was recently reported that the rate of growth has seen a small degree of slowing in the last month or so. However, this has still represented increasing prices, and according to the latest from Fitch, it has been a long-term reality. Since early 2012, it said, only one of the 14 regions in Sydney had experienced even a single quarter of house price decline. 

Fitch also looked at comparisons in the current booming property market and those which have come in the last few years to compare their spread. And it found that price rises this time around, while faster in certain areas, are nowhere near as widespread, showing a real focus on the capital cities across the nation. 

In the 2001 to 2003 property boom, Fitch said, there was a spread of property price rises across 95 per cent of the nation. This is far ahead of the current market's position, wherein just 60 per cent of the country has seen sustained price rises. 

DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content's copyright notice. For permission to use the content on please contact

Subscribe Now