Sydney, Australia
Property prices · 2026 · Oceania · Price +2.9% vs 2025
Property price trend in Sydney (2024–2026)
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.