Market Update - June 2026

The Sydney property market continues to adjust to higher borrowing costs, with recent interest rate increases contributing to a more cautious approach from buyers. While demand remains present, we're seeing a clear shift in market dynamics, particularly across the upper end of the market.

For the first time in several years, conditions are increasingly favouring buyers. With more choice available and less urgency in the marketplace, purchasers are taking their time, conducting thorough due diligence and negotiating more confidently.

Sales Market

Across Hunters Hill, Ryde, Gladesville and Canada Bay, buyer enquiry remains steady, however the pace of decision-making has slowed considerably.

The strongest demand continues to be for well-presented homes that are priced in line with market expectations. Buyers are becoming increasingly selective, and properties that require significant updating or are priced ambitiously are generally taking longer to sell.

At the premium end of the market, activity has softened noticeably. Higher-value transactions are taking longer to come together as buyers carefully assess affordability and value in the current interest rate environment. While quality prestige homes continue to attract interest, fewer buyers are willing to stretch beyond their comfort zone.

In Hunters Hill, where many properties sit within the prestige price bracket, this trend has been particularly evident. Meanwhile, Ryde, Gladesville and Canada Bay continue to benefit from a broader buyer pool, including young families and owner-occupiers seeking lifestyle and convenience, although buyers remain highly price-conscious.

Rental Market

In contrast, the rental market remains exceptionally strong.

Demand for quality rental properties across Hunters Hill, Ryde, Gladesville and Canada Bay continues to outstrip supply, with low vacancy rates supporting healthy rental returns for landlords.

We're also seeing some prospective buyers remain in the rental market for longer while they assess their purchasing options, adding further pressure to rental demand.

Well-maintained family homes and modern apartments continue to lease quickly, particularly those close to transport, schools, shopping precincts and lifestyle amenities.

Looking Ahead

As we move through winter, we expect market conditions to remain relatively balanced, with buyers retaining a degree of negotiating power while sellers who present and price their properties strategically continue to achieve successful outcomes.

While the rapid growth of previous years has eased, the long-term appeal of Hunters Hill, Ryde, Gladesville and Canada Bay remains unchanged. These suburbs continue to attract buyers and tenants seeking quality homes, strong community connections and a highly desirable lifestyle.

The current market may require greater patience and realistic expectations, but opportunities remain for buyers, sellers, landlords and tenants who are well informed and prepared.