The Times Australia
The Times Real Estate

.

It’s a case of ‘welcome to the new market

  • Written by Tim McKibbin, CEO of the Real Estate Institute of NSW (REINSW)

It appears apartments are back in vogue. Recent Urbis figures indicate off-the-plan  apartment sales in Sydney rose sharply in the September quarter at a rate double that  of the June quarter and about four times that of the March quarter.

With this shift in appetite for apartments comes some interesting demand factors which could influence both sales and rents.

In coming weeks, the first international students will begin arriving back in Sydney. Two  flights of 250 students each will touch down in December, with more flights arriving  every two weeks moving forward on an indefinite basis. 

The phased approach could see thousands of students arrive back in Sydney next year,  applying steady pressure to the rental market.

At the same time, the new wave of apartment completions is set to decline, creating an  environment which should enable newly-completed stock to be absorbed, especially if  investors react in numbers to the changing demand picture.

While price growth overall may be easing, the median house price in Sydney is still  about $1.5 million. ANZ has forecast Sydney house prices to grow about 6 percent next  year before a slight decline of 4 percent the year after.

With greater choice and the potential for increased demand, the more affordable  apartment market will be one to watch.

In Sydney, the surge in listings is the strongest it has been all year. We often talk about  demand outstripping supply, and based on pure numbers, that remains the case. 

But the weight of new listings is having an impact, as it must. Clearance rates remain  healthy though, which is a good indication of the market’s resilience.

The market is finishing the year on a crescendo of sorts. More listings, more optimistic  vendors, and more buyers who are feeling more empowered than they have for some  time.

It’s a case of ‘welcome to the new market’, a place where buyers can expect value and  vendors can be confident. Something for everyone.

It’s fitting to say that, because the market is cooling, it’s in a healthy place. And as  global inflation fears swell to give rise to rate adjustment concerns at home, it’s worth  reminding ourselves that a healthy residential market is not one to tinker with.

Property Times

Top Tips for Finding the Ideal Block to Build Your Home

There’s something deeply personal and exciting about building your own home. You’re not just choosing paint colours or furniture, you’re creating a space that reflects your lifestyle, your dreams, and your future. However, before you start sketchin...

The Home Buying Process Explained Step by Step

Buying a home is a thrilling milestone, but it can also feel like navigating a maze without a map. With paperwork, finances, and decisions at every turn, understanding the home-buying process is crucial for success. Whether you're a first-time buye...

Thinking of Selling Your Home? Here’s What You Need to Know

Selling a home is more than just putting up a “For Sale” sign. It’s a strategic process that involves preparation, pricing, and negotiation - all aimed at getting the best value for your property. Let’s go through the most important steps to take b...

Smart Ways to Earn Passive Income from Real Estate

Imagine making money without doing much work. You get paid even while you sleep, travel, or do fun things. This is called passive income. Indeed, real estate has great ways to do this. You don't have to be a landlord all day; similarly, you don't h...

Times Magazine

Headless CMS in Digital Twins and 3D Product Experiences

Image by freepik As the metaverse becomes more advanced and accessible, it's clear that multiple sectors will use digital twins and 3D product experiences to visualize, connect, and streamline efforts better. A digital twin is a virtual replica of ...

The Decline of Hyper-Casual: How Mid-Core Mobile Games Took Over in 2025

In recent years, the mobile gaming landscape has undergone a significant transformation, with mid-core mobile games emerging as the dominant force in app stores by 2025. This shift is underpinned by changing user habits and evolving monetization tr...

Understanding ITIL 4 and PRINCE2 Project Management Synergy

Key Highlights ITIL 4 focuses on IT service management, emphasising continual improvement and value creation through modern digital transformation approaches. PRINCE2 project management supports systematic planning and execution of projects wit...

What AI Adoption Means for the Future of Workplace Risk Management

Image by freepik As industrial operations become more complex and fast-paced, the risks faced by workers and employers alike continue to grow. Traditional safety models—reliant on manual oversight, reactive investigations, and standardised checklist...

From Beach Bops to Alpine Anthems: Your Sonos Survival Guide for a Long Weekend Escape

Alright, fellow adventurers and relaxation enthusiasts! So, you've packed your bags, charged your devices, and mentally prepared for that glorious King's Birthday long weekend. But hold on, are you really ready? Because a true long weekend warrior kn...

Effective Commercial Pest Control Solutions for a Safer Workplace

Keeping a workplace clean, safe, and free from pests is essential for maintaining productivity, protecting employee health, and upholding a company's reputation. Pests pose health risks, can cause structural damage, and can lead to serious legal an...

The Times Features

The Role of Your GP in Creating a Chronic Disease Management Plan That Works

Living with a long-term condition, whether that is diabetes, asthma, arthritis or heart disease, means making hundreds of small decisions every day. You plan your diet against m...

Troubleshooting Flickering Lights: A Comprehensive Guide for Homeowners

Image by rawpixel.com on Freepik Effectively addressing flickering lights in your home is more than just a matter of convenience; it's a pivotal aspect of both home safety and en...

My shins hurt after running. Could it be shin splints?

If you’ve started running for the first time, started again after a break, or your workout is more intense, you might have felt it. A dull, nagging ache down your shins after...

Metal Roof Replacement Cost Per Square Metre in 2025: A Comprehensive Guide for Australian Homeowners

In recent years, the trend of installing metal roofs has surged across Australia. With their reputation for being both robust and visually appealing, it's easy to understand thei...

Why You’re Always Adjusting Your Bra — and What to Do Instead

Image by freepik It starts with a gentle tug, then a subtle shift, and before you know it, you're adjusting your bra again — in the middle of work, at dinner, even on the couch. I...

How to Tell If Your Eyes Are Working Harder Than They Should Be

Image by freepik Most of us take our vision for granted—until it starts to let us down. Whether it's squinting at your phone, rubbing your eyes at the end of the day, or feeling ...