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Sydney property market swells with upward trends

Sydney’s property market has untethered itself from the downward trend with sales and yields up, and units looking strong as immigration and international students keep listings tight.

Hot air balloon over Sydney bay in evening, Sydney, Australia
Sydney property values raise investor hopes as they drift up and away from January’s trough. (Image source: Shutterstock.com)

The buzzword around Sydney

dwelling values, based on a trend emerging over the last three months is recovery, with experts predicting rental yields in particular are well positioned for stronger growth.

Sydney leads the housing value upturn nationwide, increasing 1.3 per cent in April and is leading the positive turn in housing conditions with dwelling values rising each month since February, according to CoreLogic Home Value Index (May 1).

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