What’s a Good Deal in Sydney Property?
Everyone wants to get a good deal.
It’s one of the most common things we hear from buyers, especially in a market like Sydney’s, where prices are high, competition is fierce, and no one wants to feel like they’ve overpaid.
But when it comes to real estate, what does a “good deal” actually mean? Because here’s the thing: in Sydney, it’s almost never about paying under market. It’s about paying the right price for the right property, in the right location, with the right long-term fundamentals.
Image: Laura Cros
A Good Deal Isn’t About Getting It Cheap
Let’s just say it up front: there are no bargains in Sydney.
Yes, you might occasionally hear stories of a “steal” or an off-market that sounded too good to be true. But those are exceptions, not the rule. Most of the time, when a property sells below market value, there’s a reason. And usually, that reason isn’t in your favour.
In this city, “cheap” often means:
A compromised floor plan
A problematic location
A long-term resale issue that’s not obvious up front
The reality is that Sydney is a competitive market, and good properties in good locations don’t sit around waiting for a discount buyer to come along. If you go into the process thinking you’re going to pick up a deal for 10–15% under market, you’ll probably spend months chasing listings that were never quite right to begin with.
So What Is a Good Deal?
A good deal isn’t about the price tag, it’s about the value.
It’s paying a fair price (not an inflated one) for a property that:
Has strong underlying fundamentals
Will hold its appeal over time
Has a high likelihood of capital growth
Actually works for your lifestyle or investment goals
It’s not about paying less than everyone else. It’s about paying the right amount for a property that will serve you well, long after the deal is done.
How We Define Value at The Acquiry
At The Acquiry, we define a good deal as the moment where:
The purchase price reflects current market conditions
The property has no major compromises or red flags
It aligns with your long-term goals (not just short-term emotion)
It stacks up against recent sales and current competition
And you don’t walk away with buyer’s remorse or a major renovation you didn’t sign up for
We help clients understand what a property is really worth in the current market, so they can buy with clarity, not just hope. And more often than not, the best deals come not from finding something cheap, but from being first to spot the right one and being ready to act.
Why Chasing “Cheap” Often Ends Up Costing More
There’s a hidden cost to bargain hunting in a high-performing market. Buyers who hold out for that elusive “under-market” deal often:
Miss out on great properties while waiting
Waste time and energy inspecting poor-fit options
Watch the market climb while they stand still
Sometimes, a buyer will finally cave after months of searching and pay more for a lesser property, simply because they’ve become fatigued. That’s not a win. That’s a sign the strategy needs adjusting.
Getting a Good Deal Starts with Getting it Right
In Sydney, getting a good deal isn’t about luck. It’s about preparation, insight, and timing. And most of all, it’s about knowing what to look for, and what to walk away from.
“If you want expert guidance on what a good deal looks like for you, speak to The Acquiry, your Sydney-based buyer’s agent. We don’t promise discounts. We deliver smart decisions.”