Market Update - January 2026

The Sydney property market has kicked off the new year with steady momentum across both sales and rentals, particularly in well-established, lifestyle-focused suburbs.

While January is traditionally a quieter month, buyer and tenant enquiry has remained consistent, setting a positive tone for the months ahead.

Sales Market

Across Sydney, confidence is holding firm. Buyers are active, particularly where properties are well-presented, well-located and priced in line with market expectations. Stock levels remain relatively tight, which continues to underpin values.

Locally:

• Hunters Hill continues to perform as a tightly held prestige market. Character homes and family properties remain highly sought after, with limited supply supporting stable prices.

• Ryde and Gladesville are seeing solid buyer interest across both houses and apartments. While buyers are taking a more considered approach, quality properties are still achieving strong results.

• Canada Bay remains popular with families and professionals drawn to lifestyle amenities, schools and village centres. Demand for well-located homes continues to outpace supply.

Overall, the local sales market is best described as balanced but competitive, with strong outcomes for sellers who prepare and price their homes strategically.

Rental Market

The rental market remains very tight across Sydney, and conditions locally continue to favour landlords.

Vacancy rates are low, enquiry levels are high, and well-maintained properties are leasing quickly.

Locally:

• Hunters Hill, Ryde, Gladesville and Canada Bay are all experiencing strong tenant demand, particularly for family homes and modern apartments close to transport and amenities.

• Rental prices remain elevated, reflecting the ongoing shortage of available properties.

• Homes that are well-presented and realistically priced continue to attract multiple applications.

For tenants, competition remains strong. For landlords, rental conditions continue to deliver reliable demand and solid returns.

Looking Ahead

As we move further into the new year, we expect activity to build through late summer and into autumn, traditionally one of the strongest periods for property transactions.

• Sellers can take confidence from steady buyer demand and limited local stock.

• Buyers should be prepared to act decisively on quality opportunities.

• Landlords are well placed to benefit from ongoing rental demand.

If you’d like tailored advice on buying, selling or leasing, the team at Nicholls & Co is always happy to help.