The Inner Sydney Apartment (ISA) Market Brief – BIS Shrapnel Release
By Peter Sarmas on 30 Jul 2015
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Source: BIS Shrapnel
The Inner Sydney Apartment (ISA) market has experienced a rise in demand for off–the–plan apartments in recent years, which has resulted in new supply reaching its highest annual total in fifteen years of 3,350 apartments in 2014/15.
In particular, development in Inner Sydney has been dominated by large scale and high rise development in the following locations (shown on map):
- City Core, including Quay (1), City Centre (2) and
- City South (3)
- Pyrmont/Ultimo (4),
- East Sydney (5),
- Surry Hills (6)
- South Dowling (7)
- North Sydney (8)
This paper profiles the various indicators relating to demand, supply, rents and prices, as well as identifying the level of new supply currently in the production pipeline and likely to proceed over the next three years.
View the full Inner Sydney Apartments Market brief from BIS Shrapnel.