Since the beginning of October, nearly 7000 new properties have been added to the Sydney market as buyers with pre-approved financing scramble to purchase a home before new lending limits take effect.
Home sales are also up this year, thanks to a post-lockdown frenzy and the return of on-site auctions last weekend.
The following areas were on the market for an average of under 30 days:
- Northern Beaches
- City and East
- Lower North
- Upper North Shore
- Inner West
- North West
- Canterbury Bankstown
- South
- West
- South West