MarketsBrief
Sydney clearance rates hold above 65 per cent for a tenth week
Sydney's clearance rate of 67.4 per cent is the highest of the capitals and has now held above 65 per cent since mid-June.
Eleanor Hale/
Sydney property market
Australia's largest and most expensive housing market, where supply additions remain concentrated in the west and south-west while price growth is led by the upper quartile.
- Median house
- $1,642,000
- Median apartment
- $843,000
- Annual
- +4.1%
- Clearance
- 67.4%
- Gross yield
- 2.9%
Last updated 27 August 2026
Trends
Selected series for this market
Source: ABS Building Approvals 8731.0 · 2026 figure annualised from January–July data.
Source: ABS National, state and territory population
Sydney coverage
DevelopmentAnalysis
Australia's apartment shortage is becoming a construction problem
Builders are declining work that would have been taken without hesitation five years ago. Fixed-price contracts, insolvency risk and a thin subcontractor market are converting a planning problem into a delivery problem.
Tom Brennan/
Commercial
Office vacancy splits between premium and secondary stock
The two-speed office market has widened again, with owners of secondary stock facing repositioning costs that increasingly exceed residual value.
Tom Brennan/