Council of the City of Sydney, NSW

The City of Sydney is a local government region in Sydney, New South Wales, Australia. It encompasses the Sydney central business district and neighbouring inner-city districts. The City of Sydney was established by the Act of Parliament in 1842 and is the oldest and longest-surviving local government body in New South Wales, as well as the second-oldest in Australia, behind only the City of Adelaide by two years.

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Given its historic, geographical, economic, and social prominence, the City of Sydney has long been a source of political intrigue and curiosity. As a consequence, the council’s borders, constitution, and legal foundation have changed several times during its existence, often to accommodate the ruling party of the State of New South Wales.

The City of Sydney is now controlled under the 1988 City of Sydney Act, which specifies and restricts the council’s powers, the election process, constitution, and borders. On 6 February 2004, the former local government area of the City of South Sydney was formally merged into the City of Sydney, which had been formed in 1989 from areas previously included in the City of Sydney (including Alexandria, Darlington, Erskineville, Newtown, and Redfern). The current city boundaries are the result of this merger.

Professionals account for 37.7 % of employment in Sydney, Managers account for 17.0 %, Clerical and Administrative Workers account for 11.1 %, Community and Personal Service Workers account for 10.2 %, and Technicians and Trades Workers account for 7.9 %.

In Sydney, the typical weekly personal income for adults aged 15 and older is $953.

In Sydney, 2.0 % of occupied private residences are detached houses, 19.7 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 77.1 % are flats or apartments, and 0.5 % are other dwellings.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Upgrade to Starter Plan to see Demand Profile data.
Upgrade to Professional Plan to see Buy & Rent Search Index data.

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced metrics such as Buy & Rent Search Index that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.

Property Market in Council of the City of Sydney, NSW

What other property markets are there near Council of the City of Sydney, NSW?

Council of the City of Sydney is surrounded by 4 other council areas – Bayside, Randwick, Inner West, Woollahra.

Suburbs/localities in this Local Government Area: Darlinghurst 2010, Darlington 2008, Dawes Point 2000, Elizabeth Bay 2011, Erskineville 2043, Eveleigh 2015, Forest Lodge 2037, Glebe 2037, Haymarket 2000, Beaconsfield 2015, Millers Point 2000, Moore Park 2021, Newtown 2042, Alexandria 2015, Paddington 2021, Potts Point 2011, Pyrmont 2009, Redfern 2016, Rosebery 2018, Rushcutters Bay 2011, St Peters 2044, Surry Hills 2010, Sydney 2000, The Rocks 2000, Ultimo 2007, Waterloo 2017, Zetland 2017, Barangaroo 2000, Annandale 2038, Chippendale 2008

1 thought on “Council of the City of Sydney, NSW”

  1. Are you a real estate professional with an extensive knowledge of the City of Sydney Council property market? Our members would love to hear from you! What is the outlook of the market from your point of view? Share your insights in a comment below.

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