Sydney’s eastern suburbs and inner-city markets continue to demonstrate strong buyer demand, resilient pricing and consistent transaction volumes, particularly in lifestyle-driven suburbs with limited long-term supply. While some pockets are seeing modest negotiation, the broader trend remains one of healthy competition for quality assets.
Across this dataset, 336 new listings resulted in 227 advised sales (~68% absorption rate), indicating robust market activity. Suburbs with strong lifestyle appeal and constrained stock continue to outperform, while larger volume markets are offering more choice for strategic buyers.
Market Summary – Last 60 Days
- Total Listings: 336
- Total Advised Sales: 227
- Average absorption rate: -68%
Standout Metrics:
- Fastest Selling Suburb: Clovelly (18.49 days)
- Strongest Vendor Premium: Randwick (+3.41)
- Highest absorption rate: Clovelly (-87%)
- Largest rental market: Randwick (470 listings)
- Highest transaction volume: Randwick (96 sales)
What This Means for Buyers
The latest figures reinforce a high-performing eastern suburbs market, with competition strongest in tightly held lifestyle suburbs such as Clovelly, Bronte and Bondi. Meanwhile, larger volume markets such as Randwick and Surry Hills continue to provide more buying opportunities, though strong absorption rates suggest quality stock is still moving quickly.
Surry Hills, NSW 2010
- New Sale Listings: 90
- Average Days on Market: 39.6 days.
- Vendor Premium: +0.50%, indicating stable pricing outcomes.
- Recently Advised Sales: 55 (-61% absorption).
- Withdrawn Listings: 121, reflecting selective vendor expectations.
- Total Rental Listings: 385, supporting strong tenant demand.
Key Insights:
Surry Hills remains one of Sydney’s most active inner-city markets, supported by strong owner-occupier and investor demand.
The suburb continues to attract buyers seeking walkability, lifestyle amenity and long-term capital growth. While days on market are slightly longer than some coastal suburbs, pricing remains firm for well-located stock.
Randwick, NSW 2031
- New Sale Listings: 116
- Average Days on Market: 28.46 days.
- Vendor Premium: +3.41%, the strongest in this report.
- Recently Advised Sales: 96 (-83% absorption).
- Withdrawn Listings: 142
- Total Rental Listings: 470, the highest in this dataset.
Key Insights:
Randwick stands out as the strongest-performing market in this dataset, combining high transaction volume with strong pricing momentum.
The suburb continues to benefit from proximity to beaches, hospitals, universities and light rail infrastructure. Strong absorption rates and premium pricing indicate intense buyer competition, particularly for family homes and quality apartments.
Queens Park, NSW 2022
- New Sale Listings: 19
- Average Days on Market: 22.11 days.
- Vendor Discount/Premium:
0.00%, suggesting asking prices are being met. - Recently Advised Sales: 7 (-37% absorption).
- Withdrawn Listings: 17
- Total Rental Listings: 29, reflecting tight leasing supply.
Key Insights:
Queens Park remains a tightly held boutique market with limited stock and consistent buyer demand.
Low supply continues to underpin values, with buyers often competing strongly for quality homes near Centennial Park and the eastern beaches corridor.
Bondi, NSW 2026
- New Sale Listings: 60
- Average Days on Market: 30.41 days.
- Vendor Premium: +2.18%
- Recently Advised Sales: 26
(-43% absorption). - Withdrawn Listings: 75
- Total Rental Listings: 253, supporting investor interest.
Key Insights:
Bondi continues to operate as one of Sydney’s most resilient lifestyle markets, driven by local and interstate demand.
Strong lifestyle fundamentals continue to support values, particularly for renovated apartments and homes within walking distance to the beach and village precincts.
Clovelly, NSW 2031
- New Sale Listings: 15
- Average Days on Market: 18.49 days, the fastest in this dataset.
- Vendor Discount: -0.16%, indicating minimal negotiation
- Recently Advised Sales: 13 advised sales (-87% absorption).
- Withdrawn Listings: 18
- Total Rental Listings: 51, reflecting low leasing supply.
Key Insights:
Clovelly remains a tightly held coastal enclave where quality homes continue to transact quickly.
The suburb’s strong absorption rate highlights genuine scarcity value. Buyers continue to compete for premium homes and beachside apartments in this blue-chip coastal pocket.
Bronte, NSW 2024
- New Sale Listings: 30
- Average Days on Market: 28.68 days.
- Vendor Discount: -0.19%, indicating pricing stability.
- Recently Advised Sales: 30 advised sales (-83% absorption).
- Withdrawn Listings: 22
- Total Rental Listings: 78, maintaining a balanced rental supply.
Key Insights:
Bronte continues to attract premium demand from buyers seeking prestige coastal living.
Strong sales volumes relative to listings indicate sustained demand, particularly for family homes and quality apartments close to the beach and parklands.
Summary of April Insights
For buyers, this is a market where preparation and suburb-level insight remain critical. Well-priced properties are continuing to transact strongly, while buyers targeting premium coastal assets should expect ongoing competition.
At Rose and Jones Buyers Agents we continue to see strong results for clients who combine suburb-level data with disciplined acquisition strategies and off-market access.
Thinking about buying or investing? Get in touch with Byron Rose at Rose & Jones for expert buying and investment guidance.
