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McGrath Research | Sydney Autumn Prestige Property Report 2026

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Research

Autumn/26 Sydney Prestige Residential

Headlines Sydney recorded a lower number of prestige residential sales over the past year, whilst homes are taking more time to sell than one year ago.

The number of residential rental homes in Sydney is currently undersupplied. Sydney rental vacancy was recorded at 2.2% at the end of Q4/25.

More Sydney homes have been newly listed for sale than this time last year. Overall, the total number of homes listed for sale in Sydney is down on last year.

Prestige residential rents across Sydney trended 6.4% above last year's weekly rate, with prestige rents forecast to rise 5% at the end of 2026.

Sydney prestige property prices have trended 0.4% lower than a year ago, with a fall of 2% forecast for prestige prices in 2026.

The construction delivery of new homes in NSW was 3.1% below a year ago, whilst the cost to build in Sydney escalated 4.6%.


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