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Browse property in New South Wales

Overview

New South Wales is Australia’s most populous state, with an estimated 8,095,430 residents at the end of 2021, accounting for roughly 31 % of the nation’s total. Almost two‑thirds of those people live in the Greater Sydney region, concentrating demand for housing and shaping a varied mix of dwellings across the coastal strip and inland centres.

The state drives the national economy, anchored by a service sector that supplies almost 80 % of economic activity and 90 % of employment. Major merchandise exports include coal, copper, beef and aluminium, while education, tourism and financial services have shown strong growth; construction contributed 8 % of gross state product in 2020‑21, with manufacturing and mining adding 6 % and 2 % respectively, underscoring a diversified base that influences both rental dynamics and long‑term affordability.

State Information

Capital
Sydney
Population
8.5 million (Dec 2024)
Major cities
Sydney, Newcastle, Wollongong
Economy
Largest state economy; services ≈ 80 %
Climate
Coastal humid‑subtropical; arid interior
Notable universities
Sydney, UNSW, UTS, Newcastle, Wollongong, New England
Median household income
≈ A$1,500 /week (2024 estimate)