Sydney’s rental market remains incredibly resilient, driven by strong population growth, solid tenant demand, and sustained migration. Vacancy rates sit at a tight 1.5%, with annual rent growth stabilising at healthy levels – houses up 8% and units up 2.8%.
High-demand pockets near transport and top school catchments continue to outperform, and these market fundamentals are reflected in the results delivered by our Saliba Property Management team. Across 440+ properties, we currently have just 15 open maintenance items – a testament to our team’s organisation, responsiveness, and client-first approach.
Leasing momentum remains strong, with Aravind securing seven leases this week alone, including two long-standing challenges. Chloe, Lucy, Melody, and Aravind continue to set the benchmark for efficiency, communication, and property care.
In this update, we break down what’s driving the market, where opportunities are emerging, and how landlords can maximise outcomes in Sydney’s evolving rental landscape.