Property market update: Sydney, January 2021 By Zarah Mae Torrazo 16 February 2021 | 1 minute read SHARE There are now indicators suggesting that the rebound of Sydney’s property market is underway. At the end of 2020, the NSW capital showed signs of recovery from a slump caused by restrictions and lockdowns put in place to combat COVID 19. And it’s showing no signs of slowing down again anytime soon, having kicked off the new year with continued growth. As such, experts are optimistic that Sydney’s property market will keep getting stronger in 2021, despite the battering of the COVID-19 pandemic. Solid job creation, rising consumer confidence and improving business confidence are growth factors seen to underpin the NSW capital’s property market in the coming months.