Property markets across Australia have grown stronger as 2023 has progressed.

And this notable resurgence has been led by Sydney, which we regard as the leading market in the nation.

It is the market with the strongest data on sales activity, slightly ahead of Perth, and it’s also a national leader of price growth in 2023, both for houses and for apartments.

Sydney had shown signs of recovery early in 2023 but our most recent analysis shows that the city’s market has gone to another level more recently.

Most of the suburbs across Greater Sydney have experienced significant improvement in their market activity – which puts Sydney at the forefront of a national revival in sales volumes.