Market Perspective

For anyone who has stood at a property auction and watched the bidding stall below the vendor's reserve, the words "passed in" can feel uncomfortable and final. But what does passed in at auction actually mean? A property is passed in when the highest bid does not reach the seller's reserve price and the property is not sold under the hammer. In NSW, the highest bidder will generally be given the first opportunity to negotiate directly with the seller after the auction. It do

In Sydney’s property market, selling well in 2026 is about far more than location. Success now depends on how a home is positioned, presented, and timed in response to what today’s buyers are looking for — and what the market is rewarding. According to CoreLogic’s February 2026 data, Sydney home values have risen 4.3% year-on-year, with the median house price reaching around $1.41 million. But beneath those headline figures, the pace of sales has become patchy. While tightly