Ewan’s Hot Take: Sydney Auction Market

Sydney’s auction market is experiencing a shift. The past week saw increased sales activity, with property prices generally viewed as fair, though some are notably high. Listings have surged to around 140-150 ahead of the main selling season. Market performance varies by region, with some areas softening, offering potential opportunities for buyers as landlords adjust to interest rates. Rental prices remain strong but may have plateaued after significant increases.