Welcome to the April monthly report from Rose & Jones, where we recap the latest insights from the last 60 days to inform your property search.
The insights presented here will assist you in understanding recent market trends, guiding your real estate decisions in the luxury property sector.
Point Piper NSW 2027
- New Sale Listings: 5
- Average Days on Market: 38.55
- Average Vendor Discount: 0.00%
- Recently Advised Sales: 4
- Recently Withdrawn Listings: 7
- Total Rental Listings: 11
Key Insights:
The ultra-premium enclave of Point Piper remains extremely tightly held. Just 5 listings and 4 sales in 60 days, with zero vendor discount, reinforce that prestige properties are transacting close to full asking prices. Rental stock remains scarce at only 11 listings.
Double Bay NSW 2028
- New Sale Listings: 46
- Average Days on Market: 40.06
- Average Vendor Discount: 5.54%
- Recently Advised Sales: 29
- Recently Withdrawn Listings: 19
- Total Rental Listings: 85
Key Insights:
Double Bay is demonstrating healthy volume but with greater negotiation power for buyers. A 5.54% vendor discount suggests opportunities to secure properties at below asking prices. Rental demand remains strong with 85 properties available, attracting both investors and professionals.
Paddington NSW 2021
- New Sale Listings: 63
- Average Days on Market: 26.18
- Average Vendor Discount: 1.95%
- Recently Advised Sales: 48
- Recently Withdrawn Listings: 57
- Total Rental Listings: 197
Key Insights:
Paddington’s market remains robust with high volumes (63 listings, 48 sales) and fast movement – averaging just 26 days to sell. The vendor discount (1.95%) is relatively modest, indicating strong buyer competition. Rental stock is plentiful, with 197 properties currently available.
Cremorne NSW 2090
- New Sale Listings: 43
- Average Days on Market: 25.89
- Average Vendor Discount: 0.48%
- Recently Advised Sales: 38
- Recently Withdrawn Listings: 56
- Total Rental Listings: 161
Key Insights:
Cremorne’s property market remains highly efficient. Properties are transacting within 26 days on average, and a minor vendor discount of 0.48% reflects seller strength. Rental demand is also high, with 161 listings catering to the professional and family markets.
Annadale NSW 2038
- New Sale Listings: 37
- Average Days on Market: 17.93
- Average Vendor Discount: 4.29%
- Recently Advised Sales: 24
- Recently Withdrawn Listings: 19
- Total Rental Listings: 98
Key Insights:
Annandale has one of the quickest market turnovers, with properties selling in just under 18 days. Despite rapid movement, buyers are still achieving vendor discounts of 4.29%, providing savvy negotiation opportunities. A healthy rental supply of 98 listings supports strong ongoing demand.
Stanmore NSW 2048
- New Sale Listings: 20
- Average Days on Market: 25.73
- Average Vendor Discount: 5.43%
- Recently Advised Sales: 17
- Recently Withdrawn Listings: 16
- Total Rental Listings: 86
Key Insights:
Stanmore has seen moderate turnover, with 20 new listings and 17 sales. A notable vendor discount of 5.43% provides buyers with strong negotiation leverage. With 86 rental listings, Stanmore remains attractive for investors chasing reliable inner-west rental yields.
Summary of April Insights
Sydney’s prestige and inner-city property markets are showing early signs of a nuanced recovery. High-demand suburbs like Point Piper and Paddington are seeing fast sales with minimal to no vendor discounting. In contrast, Double Bay and Stanmore are offering buyers greater opportunities, with larger discounts available. Annandale is also emerging as a suburb to watch, combining quick sales momentum with more accessible pricing.
Whether you are considering buying or investing, this report aims to provide clarity on each suburb’s unique characteristics.
For more detailed advice tailored to your specific needs, feel free to reach out to Byron Rose at Rose & Jones.
