Real estate in New South Wales

  • Median days on market 61
  • Median sale price $650K
  • Number sold 7420
  • Annual growth -2%
  • Total listing 28273
  • Change in rental rate 0%
  • Number of agents 10172
  • Median rent 480pw
  • Median days on market 58
  • Median sale price $640K
  • Number sold 3576
  • Annual growth -3%
  • Total listing 10974
  • Change in rental rate 0%
  • Number of agents 10172
  • Median rent 500pw

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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 10172 Real Estate Agents in New South Wales.

More than 97795 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 35405 reviews on 2872 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 Q2 2019, we saw NSW sentiment increasing as a result of factors such as Sydney showing its first positive increase in home value since July 2017. This quarter, we're seeing a further lift as home values continue to rise.

This takes the NSW consumer sentiment index from +3.5 in Q2 to +4.9 in Q3 - the highest it's been since August 2017. 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.

Real Estate Commissions Calculator

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Top agents in New South Wales

More than 97795 recently sold properties are evaluated by OpenAgent to identify New South Wales's most prominent agents. In New South Wales OpenAgent has 35405 reviews on 2872 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 38 Phillip Street, NSW 2147 Seven Hills

Tim Ferguson recently sold a 4 bedroom house at 96 Donalbain Circuit, NSW 2560 Rosemeadow

Nick Clarke recently sold a 4 bedroom house at 113 Government Road, NSW 2322 Thornton

Dean Sperotto recently sold a 3 bedroom house at 6 Burke Street, NSW 2223 Oatley

Steven Fan recently sold a 2 bedroom apartment at 13/44-48 Lane Street, NSW 2145 Wentworthville

Joseph Vella recently sold a 2 bedroom apartment at 9F/9-19 York Road, NSW 2750 Jamisontown

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