NSW Market Update
Explore our latest property data to discover what is happening within the New South Wales market.
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New South Wales Market Update
Q1 2025
Q4 2024
Q1 2025
Q4 2024
60% of buyers show preference towards houses
- The number of house purchases remained strong in NSW at 60.14%, from 60.34% in Q4 2024. This sees house purchases at a similar volume to that of Q1 of 2024.
- Strata dwellings increased slightly to 31.52% this quarter, from 31.07% in Q4 2024, still down overall from 32.62% in Q2 2024, and 33.01% in Q3 2024.
- Vacant land has remained relatively similar quarter-on-quarter, with a small decrease from 8.54% in Q4 2024 to 8.33% in Q1 2025.
Q1 2025
Q4 2024
Q1 2025
Q4 2024
First home buyers continue to show a preference for strata dwellings
- First Home Buyers in the state continue to show a preference for strata dwellings, with over 50% opting for apartment or townhouse living.
- Sales of strata dwellings increased slightly from 51.32% in Q4 2024 to 51.66% in Q1 2025.
- House transactions remained steady, from 42.91% share in Q3 to 45.89% in Q4, to 45.58% in Q1 2025.
Q1 2025
Q4 2024
Q1 2025
Q4 2024
NSW’s growth continues to be led by the western and south-western corridors, supported by housing availability, affordability, and major infrastructure investment. Meanwhile, coastal and regional centres Wyong on the Central Coast remain popular among buyers seeking lifestyle and value.
Marsden Park (2765) holds firm at #1
Marsden Park continues to lead the state, holding the #1 position for the second quarter in a row. With ongoing land releases, new housing estates and strong transport links, it remains a go-to for buyers seeking growth potential and modern infrastructure.
Liverpool (2170) and Kellyville (2155) swap positions
Liverpool moved from #2 to #3 in Q1 2025, while Kellyville rose from #3 to #2. Both suburbs continue to perform strongly thanks to a mix of established amenities and proximity to key employment and infrastructure zones.
Catherine Field (2179) and Campbelltown (2560) hold steady
These south-west growth corridor suburbs maintained top 10 positions between Q4 2024 and Q1 2025, showing sustained demand for family-sized homes in master-planned communities with new schools, parks and transport projects.
Wyong (2259) holds ground, while Westmead (2145) exits
Wyong remained in the top 10 in Q3 2024 and Q1 2025, demonstrating continued buyer interest in the Central Coast region — likely driven by relative affordability and commuter access to Sydney. Meanwhile, Westmead dropped out of the top 10 in Q1, which may reflect limited stock or competition from nearby alternatives.
Q1 2025
Q4 2024
Q1 2025
Q4 2024
First homebuyers gravitate to the western suburbs
NSW’s residential property market remains strong, with Western Sydney postcodes continuing to dominate. Subtle shifts in suburb rankings tell us evolving buyer behaviour is being driven by affordability, infrastructure, and liveability.
Liverpool (2170) leads for three consecutive quarters
Liverpool holds firm at #1 for three consecutive quarters between Q3 2024 and Q1 2025. Its central location, connectivity to employment hubs, and major infrastructure projects — including the Westfield redevelopment and the FAST corridor — continue to make it a high-demand area.
Campbelltown (2560) remains strong
Campbelltown remained in the middle of the pack, maintaining its appeal to families and first-home buyers seeking value within reach of Sydney.
More regional representation
Gosford rose into the #6 position this quarter, reflecting its appeal as a coastal commuter suburb with improving transport and lifestyle offerings. Â
We’re seeing regional areas strongly represented with Orange (2800) and East and North Wagga Wagga (2650) joining Gosford and surrounds as popular locations outside the Greater Western Sydney area.Â
Suburbs dropping out of the top 10
Several suburbs present in Q4 — including St Marys (2770), Glenmore Park (2747), Kellyville (2155), and Penrith (2750) — fell out of the top 10 in Q1 2025. This may point to shifting affordability, lower stock levels, or growing competition from nearby suburbs.
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Industry insights on buyer activity
The Western Sydney suburbs are continuing to thrive, highlighting a market that’s balancing affordability, infrastructure access and long-term growth potential.
Lee Bailie
Head of Property AU | InfoTrack
Whether it’s beach views or backyard space, Queensland buyers are mixing things up in the chase for lifestyle, location, and smart value.
Sandra Falzon
General Manager, Marketing | InfoTrack
