Brett Warren , National Director – Metropole Group
Sydney’s property market might be seeing fewer new listings, but that doesn’t mean opportunity is off the table – in fact, it’s quite the opposite.
PropTrack’s June 2025 data revealed a 13% drop in new listings across Sydney this month, and levels are 5.2% lower than this time last year.
Interestingly, total listings have climbed – not because of fresh supply, but due to an uptick in older stock lingering on the market longer. In fact, properties that have sat unsold for more than six months are now making up a bigger portion of Sydney’s inventory.
That sets Sydney apart from its east coast counterparts. Melbourne also saw a sharp 18.8% decline in new listings, but total listings there are lower year-on-year. Brisbane is even tighter – both new and total listings have fallen since last year, limiting choice for buyers.
In contrast, Sydney’s older listings boost buyer options and create space for negotiation, especially where vendors are motivated and open to realistic offers
For buyers, especially those with pre-approval in hand, this presents a rare chance to negotiate confidently in a quieter space.
Sydney upsizers and downsizers – often sellers and buyers simultaneously – are sitting tight, it appears, waiting on the Reserve Bank’s next move.
The prospect of interest rate cuts later this year could reignite the market. But those waiting may miss the real opportunity, which is buying in a less competitive climate while vendor motivation is higher.
Prices have already shown signs of strength since late 2024, and with further rate cuts likely to bolster confidence, we could see a surge in both buyer demand and prices.
So, whether you’re a first-time buyer or seasoned investor, this is the moment to get ahead.
Research thoroughly, work with experts, get your finance sorted, and make your move while others hesitate. The market may be coolish today, but smart buying now will mean solid returns tomorrow.
