Market Update
Sydney Median House Price Hits New Record in Q1 2026
Sydney's median house price has surged past $1.6 million, marking a new all-time high driven by strong demand and limited supply across the harbour city.
8 March 2026
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Sydney's median house price has surged past $1.6 million, marking a new all-time high driven by strong demand and limited supply across the harbour city.
The federal government has announced a 12-month extension to the Help to Buy shared equity scheme, giving first home buyers more time to enter the market.
From Marrickville to Cronulla, these Sydney suburbs are tipped for strong capital growth this year thanks to infrastructure upgrades and lifestyle appeal.
The Reserve Bank of Australia has kept the cash rate on hold at 4.1% for the third consecutive month, citing easing inflation and a softening labour market.
National vacancy rates have dropped to 0.9%, with Sydney and Melbourne leading the squeeze as rental demand continues to outstrip new supply.
The Western Sydney Airport and surrounding metro rail projects are driving double-digit price growth in suburbs like Badgerys Creek, Oran Park, and Leppington.
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