Market Update - February 2026

The Sydney property market has remained active through the early months of 2026, although recent interest rate increases have introduced a more measured pace of decision-making among buyers and sellers. While this has tempered some urgency, the overall market remains resilient — particularly in tightly held lifestyle suburbs such as Hunters Hill, Ryde, Gladesville and Canada Bay.

Limited housing supply and strong underlying demand continue to support both property values and rental prices, despite the changing interest rate environment.

Sales Market

Following the recent rate rise, buyers are becoming more cautious and price-conscious, taking additional time to assess their options. However, this hasn’t reduced demand — rather, it has reinforced the importance of correct pricing and quality presentation.

Locally, we are seeing:

• Hunters Hill remain highly sought after, particularly among family buyers. The suburb’s tightly held nature and limited listings continue to underpin stable pricing.

• Ryde and Gladesville continue to attract a broad range of buyers, including first-home buyers, upsizers and investors. Well-presented homes and renovated properties are still achieving strong competition.

• Canada Bay maintaining its popularity due to its lifestyle appeal, proximity to the CBD and strong community feel. Quality homes are continuing to transact with solid buyer interest.

Overall, the sales market has shifted to more balanced conditions, which is creating opportunities for both buyers and sellers, while still delivering excellent results for well-positioned properties.

Rental Market

The rental market remains extremely tight, and the recent interest rate increase has, in some cases, encouraged more renters to delay purchasing, further increasing tenant demand.

Across our local area:

• Rental enquiry levels remain high

• Vacancy rates remain very low

• Well-presented properties are leasing quickly

• Rental prices continue to remain strong

Hunters Hill, Ryde, Gladesville and Canada Bay continue to be highly desirable for tenants due to their location, schools, transport and lifestyle.

These conditions are continuing to deliver excellent outcomes for landlords, with minimal vacancy periods and strong rental returns.

What to Expect Moving Forward

While interest rate increases may continue to influence buyer sentiment, the fundamentals of our local market remain very strong. Limited supply, desirable locations and consistent demand are expected to support stable conditions throughout 2026.

As confidence adjusts to the new rate environment, we expect steady, sustainable activity rather than rapid price swings, which is a healthy sign for the long-term market.

If you would like advice on buying, selling or leasing in Hunters Hill, Ryde, Gladesville or Canada Bay, the team at Nicholls & Co would be delighted to assist.