Year: 2026 2025 2024
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Sydney, Australia

Property prices · 2025 · Oceania · Price +4% vs 2024

Price/sqm — City Centre AUD 19,240
Price/sqm — Outside Centre AUD 11,960
1-Bed Rent / Month AUD 2,912
3-Bed Rent / Month AUD 5,408
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 (2025)

City Centre /sqm Outside /sqm 1-Bed Rent vs Sydney
Sydney AUD 19,240 AUD 11,960 AUD 2,912
Melbourne AUD 15,080 AUD 9,568 AUD 2,288 -21.6%
Canberra AUD 11,550 AUD 7,560 AUD 2,310 -40%
Gold Coast AUD 10,710 AUD 7,035 AUD 2,205 -44.3%
Brisbane AUD 10,192 AUD 6,760 AUD 1,872 -47%
Adelaide AUD 8,925 AUD 5,880 AUD 1,995 -53.6%
Perth AUD 8,112 AUD 5,408 AUD 1,664 -57.8%

Other Oceania cities (2025)

Frequently asked questions

How much does property cost in Sydney in 2025?

In Sydney, the average price per sqm in the city centre is AUD 19,240, and AUD 11,960 outside the centre (2025 data). Prices have risen 7% since 2024.

How much is rent in Sydney in 2025?

A 1-bedroom apartment in Sydney rents for approximately AUD 2,912 per month in 2025. A 3-bedroom apartment costs around AUD 5,408/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 2025?

The average mortgage rate in Australia is approximately 6.20% as of 2025. 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 +4% vs 2024. 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 19,240 in 2025. Outside the centre, expect to pay around AUD 11,960/sqm.

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