Sydney’s prestige and inner-harbour markets continue to demonstrate resilience, with short selling timeframes and limited discounting across most blue-chip suburbs. While buyer confidence remains strong, the data shows a clear divergence between tightly held prestige pockets and slower-moving boutique markets.
Regional Snapshot
- Fastest Selling: Vaucluse 19.9 days
- Highest Vendor Premium: Woollahra +5.44%
- Strongest Clearance: Elizabeth Bay 91%
- Most Listings: Rose Bay 72 listings
- Longest Days on Market: Milsons Point 71.3 days
Bellevue Hill, NSW 2023
- New Sale Listings: 59
- Average Days on Market: 20.39
- Average Vendor Discount: -0.20%
- Recently Advised Sales: 44
- Recently Withdrawn Advice: 87
- Total Rental Listings: 103
Key Insights:
Bellevue Hill remains a high-performing prestige market, with homes selling in just over 20 days on average. The negligible vendor discount of -0.20% highlights strong pricing discipline, with sellers largely achieving close to asking price. A high number of withdrawals (87) suggests vendors are selective and prepared to wait for the right buyer. Rental availability remains moderate, reinforcing long-term demand.
Rose Bay, NSW 2029
- New Sale Listings: 72
- Average Days on Market: 25.57
- Average Vendor Discount: -0.41%
- Recently Advised Sales: 60
- Recently Withdrawn Advice: 78
- Total Rental Listings: 152
Key Insights:
Rose Bay continues to show strong transactional depth, with 60 sales from 72 listings, reflecting a clearance rate above 80%. Properties are selling in under 26 days, and minimal discounting indicates stable buyer confidence. The 152 rental listings point to a well-supplied leasing market, making Rose Bay attractive to both owner-occupiers and investors.
Vaucluse, NSW 2030
- New Sale Listings: 51
- Average Days on Market: 19.91
- Average Vendor Discount: +1.94%
- Recently Advised Sales: 45
- Recently Withdrawn Advice: 45
- Total Rental Listings: 76
Key Insights:
Vaucluse is one of the standout performers in this dataset. Properties are selling in just under 20 days, and vendors are achieving a +1.94% premium above asking price, highlighting competitive buyer behaviour. With sales closely matching listings, supply and demand are well balanced. Tight rental stock (76 listings) continues to support premium leasing conditions.
Milsons Point, NSW 2061
- New Sale Listings: 8
- Average Days on Market: 71.29
- Average Vendor Discount: -1.19%
- Recently Advised Sales: 7
- Recently Withdrawn Advice: 21
- Total Rental Listings: 44
Key Insights:
Milsons Point remains a tightly held but slower-moving market. Although nearly all listings have resulted in sales, properties are taking over 70 days to transact, the longest timeframe in this report. A -1.19% vendor discount suggests buyers have some negotiating power. Rental supply is limited, maintaining strong tenant demand in this harbourside pocket.
Elizabeth Bay, NSW 2011
- New Sale Listings: 35
- Average Days on Market: 28.29
- Average Vendor Discount: +0.56%
- Recently Advised Sales: 32
- Recently Withdrawn Advice: 40
- Total Rental Listings: 113
Key Insights:
Elizabeth Bay continues to perform efficiently, with 32 sales from 35 listings and an average selling period of 28 days. The modest +0.56% vendor premium reflects steady buyer competition, particularly for well-located apartments. Rental availability remains strong, supporting consistent investor interest.
Woollahra, NSW 2025
- New Sale Listings: 15
- Average Days on Market: 39.46
- Average Vendor Discount: +5.44%
- Recently Advised Sales: 20
- Recently Withdrawn Advice: 40
- Total Rental Listings: 92
Key Insights:
Woollahra recorded more sales than new listings, indicating absorption of existing stock. The standout statistic is the +5.44% vendor premium, the highest in this dataset, suggesting competitive bidding for quality properties. Despite a longer average selling period of 39 days, pricing outcomes remain strongly in sellers’ favour.
Summary of December Insights
Sydney’s blue-chip suburbs continue to display price resilience and strong buyer competition, particularly in Vaucluse, Woollahra and Bellevue Hill. While select boutique markets like Milsons Point are experiencing longer selling cycles, overall conditions favour well-priced stock. With limited discounting and strong rental demand, the prestige end of the market remains well supported heading into the final quarter of the year.
For more detailed advice tailored to your specific needs, feel free to reach out to Byron Rose at Rose & Jones.
