Year: 2026 2025 2024
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Sydney, Australia

Property prices · 2026 · Oceania · Price +2.9% vs 2025

Price/sqm — City Centre AUD 19,795
Price/sqm — Outside Centre AUD 12,305
1-Bed Rent / Month AUD 2,996
3-Bed Rent / Month AUD 5,564
Avg Mortgage Rate 6.20%
Price-to-Rent Ratio 26.0x Renting is generally more cost-effective

Property price trend in Sydney (2024–2026)

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Property comparison — cities in Australia (2026)

City Centre /sqm Outside /sqm 1-Bed Rent vs Sydney
Sydney AUD 19,795 AUD 12,305 AUD 2,996
Melbourne AUD 15,515 AUD 9,844 AUD 2,354 -21.6%
Canberra AUD 11,990 AUD 7,848 AUD 2,398 -39.4%
Gold Coast AUD 11,118 AUD 7,303 AUD 2,289 -43.8%
Brisbane AUD 10,486 AUD 6,955 AUD 1,926 -47%
Adelaide AUD 9,265 AUD 6,104 AUD 2,071 -53.2%
Perth AUD 8,346 AUD 5,564 AUD 1,712 -57.8%

Other Oceania cities (2026)

Frequently asked questions

How much does property cost in Sydney in 2026?

In Sydney, the average price per sqm in the city centre is AUD 19,795, and AUD 12,305 outside the centre (2026 data). Prices have risen 7% since 2024.

How much is rent in Sydney in 2026?

A 1-bedroom apartment in Sydney rents for approximately AUD 2,996 per month in 2026. A 3-bedroom apartment costs around AUD 5,564/month.

Is it better to buy or rent in Sydney?

Renting is generally more cost-effective in Sydney. The price-to-rent ratio is 26.0x — it would take approximately 26.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 6.20%.

What are mortgage rates in Australia in 2026?

The average mortgage rate in Australia is approximately 6.20% as of 2026. With a price-to-rent ratio of 26.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Sydney changed?

Property prices in Sydney have changed +2.9% vs 2025. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.

What is the price per sqm in Sydney?

The average property price per square metre in Sydney city centre is AUD 19,795 in 2026. Outside the centre, expect to pay around AUD 12,305/sqm.

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