Embarking on a real estate exploration through the bustling suburbs of Surry Hills, Randwick, Queens Park, Bondi, Bronte, and Coogee over the last 60 days unveils a tale of urban vibrancy, coastal allure, and investment opportunities. This report delves into the captivating data and trends within these sought-after locales, offering insights into why now is an opportune time to explore real estate ventures in these vibrant areas. The data for this analysis has been sourced from Core Logic, a trusted provider of real estate information.
Let’s look at these suburbs in more detail…
Surry Hills 2010 – Urban Chic and Market Dynamics:
Surry Hills, with 46 new sale listings, represents urban chic and market dynamics. Properties spend an average of 67.65 days on the market, with vendors offering a modest discount of -0.29%. The suburb has seen 33 recently advised sales, reflecting a dynamic market. However, with 48 recently withdrawn advice, Surry Hills provides a captivating landscape for those seeking the perfect blend of urban living and investment potential.
Randwick 2031 – Coastal Living and Investment Resilience:
Randwick, featuring 30 new sale listings, invites you into a world of coastal living and investment resilience. Properties linger for an average of 48.23 days on the market, and vendors are offering a negligible discount of -0.29%. The suburb has recorded 49 recently advised sales and 47 recently withdrawn advice, showcasing a market that combines coastal allure with investment stability.
Queens Park 2022 – Exclusive Enclave and Unique Opportunities:
Queens Park, with 3 new sale listings, stands as an exclusive enclave with unique investment opportunities. Properties spend an average of 84.36 days on the market, with a notable vendor discount of 8.06%. While the market is relatively niche, with 2 recently advised sales and 2 recently withdrawn advice, Queens Park presents a distinctive market where investors can explore exclusive opportunities.
Bondi 2026 – Coastal Gem and Investment Appeal:
Bondi, with 26 new sale listings, continues to shine as a coastal gem with investment appeal. Properties spend an average of 39.64 days on the market, and vendors are offering a modest discount of 1.11%. The suburb has witnessed 24 recently advised sales and 26 recently withdrawn advice, making it an ideal market for those who seek the quintessential coastal lifestyle with investment potential.
Bronte 2024 – Tranquil Retreat and Market Sophistication:
Bronte, featuring 5 new sale listings, offers a tranquil retreat with market sophistication. Properties linger for an average of 40.42 days on the market, with vendors offering a reasonable discount of 0.80%. The suburb has recorded 5 recently advised sales and 12 recently withdrawn advice, presenting a market where investors can find a balance between tranquillity and sophistication.
Coogee 2034 – Coastal Paradise and Dynamic Investment:
Coogee, with 22 new sale listings, embodies coastal paradise and dynamic investment opportunities. Properties spend an average of 45.7 days on the market, and vendors are offering a reasonable discount of 1.21%. The suburb has seen 25 recently advised sales and 20 recently withdrawn advice, making it a vibrant market for those who seek the perfect blend of coastal living and investment dynamics.
Conclusion:
The real estate markets in these vibrant suburbs offer a canvas of opportunities, each with its unique charm and investment potential. Whether you seek urban chic in Surry Hills, coastal allure in Randwick, or a tranquil retreat in Bronte, these locales present a myriad of options for the discerning investor. The data, sourced from Core Logic, provides a comprehensive overview of the market dynamics in these sought-after areas, offering valuable insights for those considering a real estate venture. It’s an exciting time to explore these markets and consider investments that align with your lifestyle and financial aspirations.