Sydney housing market news
With the Reserve bank leaving interest rates at record lows, we are seeing increased demand for properties in both Sydney and Melbourne.
Sydney continues to experience record levels of auction clearances and its likely to continue.
The news that NSW unemployment rate is steady at 5.8% we are seeing increased activity from first home buyers all over Sydney.
Largest city in land size
Sydney is 1580 square kilometres across – the same as London and more than double New York’s 780 square kilometres. Amsterdam is 167 square kilometres, and Paris is a mere 105 square kilometres.
Voted best city in Asia-Pacific region
In 2001, Travel and Leisure Magazine voted Sydney the top city in the region, and one of the top ten cities in the world, according to both travellers and tourist industry workers.
Opera House millions…
Approximately 4.5 million people visit the Sydney Opera House each year. This is about a quarter of Australia’s total population and more than twice the number of yearly visitors to America’s White House.
When it comes to variety, Sydney’s fish markets rank as the second largest in the world, boasting over 100 types of fish on the market floor daily.