According to the latest Shore Financial State of Sydney Report, which segments Sydney into five quintiles based on median house prices, nearly 74 per cent of suburbs are predicted to experience price growth in the coming months.
In the Heartland Sydney segment, Buxton leads with a median house price of $812,500 and projected growth of more than 5 per cent,
The report said the area has low inventory levels and an 86 per cent owner-occupier rate.
Higher up the price spectrum, Winston Hills has strong market fundamentals with properties spending just 26 days on market and a median price of $1,616,000.
East Lindfield, in the Affluent Sydney category, has the most potential at the premium end of the market with a median price of $4,160,000 and forecasted growth over 5 per cent.
Brighton-Le-Sands tops the list in the mid-range quintile.
Despite its higher median price of $2 million, the area has low inventory levels and growing appeal, with forecast growth of over 5 per cent.
Galston is also set to ouperform, with a median price of $1,930,000 and projected growth adobe 5 per cent thanks to high owner-occupier rates and limited housing stock.
The report used machine learning algorithms to analyse key indicators such as inventory levels and asking price trends to predict market performance.
Shore Financial CEO, Theo Chambers, said the varying market conditions across different regions provide opportunities for buyers.
“While Sydney overall is experiencing a slowdown, our data shows remarkable strength in local markets, particularly in areas with high buyer demand and low supply,” Mr Chambers said.
He said first-home buyers continue to face significant challenges in the market, particularly in securing freestanding homes within Sydney’s metropolitan area.
Mr Chambers said potential relief may come in 2025, with the possibility of eased monetary policy from the Reserve Bank of Australia.
“Many first-time buyers are adapting their strategies, either turning to units, exploring outlying suburbs, or considering rentvesting in more affordable markets,” Mr Chambers said.
“This market segmentation highlights the diverse opportunities available across Sydney’s property landscape, despite broader market challenges.”
