Matthew Hayson News Today

House price discounting in Sydney has reached its highest level in almost three years, as sellers in some pockets slash their price expectations by more than 10 per cent.

Rising interest rates are expected to have a swifter than usual impact on the property market as reduced borrowing power and higher mortgage repayments weigh on buyer demand.

Experts say the historic lag between an interest rate change and its effect on the market is shortening.

Experts say the historic lag between an interest rate change and its effect on the market is shortening.

The four bedroom property, in Sydneys inner-west, boasts city views and is nestled in a popular suburb.  But despite the two-storey homes prime location - there is one major catch.

You have to step outside to access the bathroom in this four-bedroom Rozelle home, but that’s not stopping tenants prepared to spend a pretty penny in Sydney’s competitive market.

You have to step outside to access the bathroom in this four-bedroom Rozelle home, but that’s not stopping tenants prepared to spend a pretty penny in Sydney’s competitive market.

You have to step outside to access the bathroom in this four-bedroom Rozelle home, but that’s not stopping tenants prepared to spend a pretty penny in Sydney’s competitive market.

You have to step outside to access the bathroom in this four-bedroom Rozelle home, but that’s not stopping tenants prepared to spend a pretty penny in Sydney’s competitive market.