The Sydney residential market is still showing positive drivers. Population growth into New South Wales is once again the highest of any state or territory: more residents are deciding to stay in New South Wales rather than leave for other states and overseas migrants continue to choose Sydney as the most popular migration destination.
In the last calendar year, New South Wales accounted for 26.8% of the nation's overall growth - higher than any other state and the largest share of population growth since 2002.
HOMES ARE SELLING FASTER IN SYDNEY
Homes are still selling faster than the national average - just 28 days for Houses and 25 days for Units, which suggests that buyer demand continues to outweigh supply.
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