Real estate in New South Wales

  • Median days on market 48
  • Median sale price $670K
  • Number sold 8601
  • Annual growth 5%
  • Total listing 25056
  • Change in rental rate 2%
  • Number of agents 10469
  • Median rent 470pw
  • Median days on market 41
  • Median sale price $650K
  • Number sold 3665
  • Annual growth 2%
  • Total listing 12643
  • Change in rental rate 0%
  • Number of agents 10469
  • Median rent 480pw

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Real Estate Agents in New South Wales

Home to almost 8 million people, New South Wales (NSW) is a large state covering over 800,000 square kilometres of land, and comprises of both urban and regional areas. The real estate markets in NSW is renowned to be some of the most expensive markets in Australia, and has become rightly so as a result of the significant influence Sydney properties have on the state. Changes in economic movement, such as the decrease in manufacturing activity and the rise of the finance industry, have greatly impacted NSW's population and its real estate markets, and will continue to accordingly. There are 10469 Real Estate Agents in New South Wales.

More than 176878 recently sold properties are evaluated by OpenAgent to identify New South Wales's most prominent agents. . The region of New South Wales with the most sales was Sydney. In New South Wales OpenAgent has 35551 reviews on 2908 real estate agents.

Median property price for property in NSW

New South Wales is home to Australia’s most intense real estate market, thanks in part to skyrocketing real estate prices in Sydney. Data shows that median sale prices are continuing to increase for both units and houses across the state, but at a slowed rate. 

You’ll find a whole range of property prices throughout New South Wales, from homes at the higher end in Sydney’s fierce housing market, to prices at the lower end of the scale in regional New South Wales.

NSW OpenAgent Seller Sentiment

In Q4 2019, NSW sentiment remained at +4.9 from September through to October, and saw a slight lift in November to finish the quarter at +5.5 in December.

Despite only posting a minor increase, the small month-on-month increments have made NSW the only state to have seen consecutive rises in sentiment since the Federal election in May.

This suggests a strong optimism among home sellers that property values will maintain its positive growth in the following 6 months.

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Real estate agent fees in NSW

Across the country, different real estate agents will charge varying fees between urban and regional areas. In NSW, the average commission rate stands at 2.78%**. Depending on the agent, their fee structure, and the property for sale, however, the rate may fluctuate and may or may not cover the costs of various additional fees, such as marketing and advertising. To estimate the average commission rate for your local area, use our commission calculator below.

** This figure is based on data provided to us by real estate agents who use our services.
Real Estate Commissions Calculator

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Top agents in New South Wales

More than 176878 recently sold properties are evaluated by OpenAgent to identify New South Wales's most prominent agents. In New South Wales OpenAgent has 35551 reviews on 2908 real estate agents. These are the Home Sellers Choice Award winning real estate agents in New South Wales.

Penny Stylianou recently sold a 3 bedroom house at 50 Grantham Road, NSW 2147 Seven Hills

Tim Ferguson recently sold a 5 bedroom house at 4 Emma Place, NSW 2560 Ambarvale

Dean Sperotto recently sold a 2 bedroom unit at 6/40A Letitia Street, NSW 2223 Oatley

Nick Clarke recently sold a 3 bedroom house at 8 Gymea Place, NSW 2322 Thornton

Steven Fan recently sold a 2 bedroom unit at 2/38 Harris Street, NSW 2150 Harris Park

Daniel Starr recently sold a 3 bedroom townhouse at 2/51 Ross Street, NSW 2151 North Parramatta

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