May 2025 quarter
Dr Nicola Powell
Chief of Research and Economics
Sydney’s property market gained momentum in May, with new listings rebounding to their highest level on record for the month. Despite the lift in supply, auction clearance rates rose to 65.9% – the strongest since mid-2024 – pointing to renewed buyer confidence. However, homes sold via private treaty are taking longer to sell, and seller discounting has edged higher, indicating buyers remain selective despite easing interest rates. Still, underlying demand remains resilient. With long-term stock levels constrained and the broader economic backdrop stabilising, Sydney’s market remains well supported heading into winter.
Auction Market data for Strathfield – Burwood – Ashfield
Houses
Units
Days on market
The average number of days Strathfield – Burwood – Ashfield properties were advertised for, in the last 3 months
Origin of enquiries
