Sydney comprises of over 11,228 real estate agents and 3,152 real estate agencies, and choosing the right individual to sell your property can be challenging. Which Real Estate Agent helps sellers make an informed decision by comparing all Sydney real estate agents within your property’s immediate surrounds and outlines the following information in an unbiased and free report.
Companies have good and average employees and real estate is certainly no different. We analyse all individual agents so you know exactly which agent to approach. Our report highlights those who sells:
Select Selling or Renting (in map) to show correct type of commission rate for your situation.
The figures shown are an average. Agents charge different amounts based on a range of factors including property, price and likelihood to sell.
The chart below is updated daily and is current to 29th March 2017.
In their last yearly property market update, issued January 2014, RP Data provided the following summary of the Sydney real estate market. We update this section every January, when the new report is issued.
“Sydney home values increased by 13.4 per cent over the 12 months to
January 2014 which was the highest annual capital growth level of all
capital cities. Sydney house values have experienced a higher level of
value growth over the year compared to units, increasing by 14.0 per cent
and 10.8 per cent respectively. At the same time in 2013, both house and
unit values had increased by 3.4 per cent over the year. Sydney house
values are now 11.8 per cent higher than they were at their previous peak,
and unit values are 9.3 per cent higher. An analysis of the level of capital
gains over the past 15 years in five year segments shows that there are
some clear trends across the city. Between January 1999 and January 2004,
Sydney home values increased by a total of 88.6 per cent. Throughout the
following five years to January 2009, Sydney home values fell by a total
of 2.8 per cent. Over the past five years Sydney values have increased by
37.6 per cent. Over the 15 years to January 2014, Sydney home values have
increased at a compounding annual rate of 6.4 per cent.
Transaction activity much higher over the year
Over the past year, RP Data estimates that there were 58,302 houses
and 40,005 units sold across Sydney. Compared to the same period the
previous year, house sales are currently 23.1 per cent higher and unit
sales have increased by 16.1 per cent. The number of house sales is now
at its highest level since May 2004 and unit sales are at their highest level
since February 2012. The data indicates that there has been a clear rise
in demand for housing which is in line with the recent increases in home
values across the city. With mortgage rates set to remain low, we would
anticipate a further uplift in Sydney house and unit sales over the coming
Sydney rents rose by the greatest amount of all capital cities over the past year
Based on median advertised prices, Sydney rental rates increased by
4.9 per cent for houses and 4.3 per cent for units over the 12 months to
January 2014. The annual rate of growth for both property types was
much lower than the increase in home values. For the month of January
2014, median rental rates in Sydney were recorded at $586 per week for
houses and $512 per week for units. Although rental growth has been
comparatively strong in Sydney throughout the year it has been slightly
lower than the five year average annual level of rental growth for houses
and units, recorded at 4.8 per cent and 4.7 per cent respectively. With
rental growth unable to keep pace with home value growth there has
been a softening of gross rental yields throughout the year. At the same
time in 2013, house yields were recorded at 4.2 per cent and unit yields at
5.0 per cent. Current gross yields are recorded at 3.9 per cent for houses
and 4.7 per cent for units.”