Are you wondering what will happen to the Sydney property market over the balance of 2021 and into next year? Well based on how the market has been performing so far it’s likely that will see high double-digit Sydney house price growth in 2021, with most segments exhibiting strong price appreciation other than the inner city and high-rise apartment market. And despite Sydney’s lockdowns, buyers and sellers are still transacting and Sydney property values: rose 0.5% in the last week and auction clearance rates were at boom-time levels over the weekend increased 2.0% over the month of July, and increased 18.2% over the last year. And there is still plenty of growth left, as Sydney property values only recently exceeded their previous 2017 peak levels. What a turnaround from all the pessimistic forecasts all the banks made in the middle of last year.
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