In recent years, Australia's stable GDP growth and relatively low unemployment rates have created favorable conditions for property acquisition.

Migration and foreign investment have also contributed to the real estate market. Australia has consistently attracted immigrants from around the world who seek suitable housing in major cities such as Sydney.

Furthermore, foreign investors have shown interest in the Australian property market, further fueling market activity.

It is noteworthy that the government has intensified regulations on foreign investments to protect the interests of local buyers.

Recently, the Australian government has amended regulations on foreign investments, restricting the number and type of existing residential properties that foreign nationals can purchase. While this policy implementation may have some impact on the market, overall, Sydney's real estate market continues to show signs of recovery.

Investors continue to demonstrate strong interest in Sydney's real estate market. Property investment has especially gained widespread attention in recent years. Given the uncertainty in the stock and other financial markets, investors are inclined to put their funds into the relatively stable real estate market. This has further propelled the prosperity of Sydney's real estate market.

Sydney's real estate market is in a phase of recovery, evidenced by an increase in listed properties, auction volumes, and growing property demand. However, caution is necessary regarding high property prices and the issue of supply-demand imbalances. It is also essential for the government and relevant institutions to take measures to maintain market stability and promote its healthy development.