04/06/2026
If you’re reading the headlines this week, you’d think the Sydney property market is in an absolute tailspin.
The media is screaming that Sydney and Melbourne are in a "race to the bottom" because May paper data shows a 0.9% drop. But let me be straight with you: The data lags, but the street never lies.
The headlines point to auction clearance rates flatlining at 34.4% as a sign of weakness. But look closer. That is week ten in the 30% window. A market sitting at the exact same level for ten straight weeks hasn’t just crashed - it has firmly found its floor.
Just like during COVID when buyers panicked on the upside and overpaid, they’ve now overshot on the downside and aggressively hammered prices. On the ground right now, buyers aren't seeing slightly better value - they are seeing substantially better value.
Are you seeing the floor established at the coal face, or are you waiting out the storm?
Link in bio for the full episode of The Word.
