Welcome to the December monthly report from Rose & Jones, where we recap the latest insights from the last 60 days to inform your property search. Diving into an in-depth analysis of the property market in several prestigious suburbs of Sydney including Bellevue Hill, Darling Point and Rose Bay, we’ll share the key facts and figures you need to know to negotiate the best deal, as well as the suburbs that can best suit your investment or homebuying goals.
Bellevue Hill NSW 2023
- New Sale Listings: 49
- Average Days on Market: 33.41
- Average Vendor Discount: -0.50%
- Recently Advised Sales: 50
- Recently Withdrawn Listings: 56
- Total Rental Listings: 120
Key Insights:
Bellevue Hill remains steady, with 50 sales aligning closely to 49 new listings. With properties averaging just over 33 days on market and a slight vendor discount of -0.50%, sellers are maintaining near-asking prices. The rental market, with 120 listings, continues to offer attractive options for tenants and investors alike.
Darling Point NSW 2027
- New Sale Listings: 12
- Average Days on Market: 36.12
- Average Vendor Discount: -2.63%
- Recently Advised Sales: 6
- Recently Withdrawn Listings: 21
- Total Rental Listings: 69
Key Insights:
Darling Point saw limited new sale listings (12) and only 6 transactions, indicating subdued buyer activity. The vendor discount of -2.63% reflects downward price pressure, offering opportunities for value-driven buyers. Rental supply remains stable with 69 listings, balancing tenant demand.
Elizabeth Bay NSW 2011
- New Sale Listings: 24
- Average Days on Market: 44.31
- Average Vendor Discount: -0.12%
- Recently Advised Sales: 19
- Recently Withdrawn Listings: 63
- Total Rental Listings: 161
Key Insights:
Elizabeth Bay properties are spending longer on the market, averaging 44 days. However, the minimal vendor discount (-0.12%) suggests that sellers are holding firm on prices. With 161 rental listings, the suburb continues to cater well to strong tenant demand, making it appealing for investors.
Woollahra NSW 2025
- New Sale Listings: 30
- Average Days on Market: 34.64
- Average Vendor Discount: 1.93%
- Recently Advised Sales: 26
- Recently Withdrawn Listings: 52
- Total Rental Listings: 107
Key Insights:
Woollahra stands out with an average vendor premium of 1.93%, reflecting strong demand and buyer competition. Properties are moving relatively quickly at 34 days on market. With 107 rental listings, the suburb remains well-supplied for tenants, balancing investor opportunities.
Vaucluse NSW 2030
- New Sale Listings: 34
- Average Days on Market: 52.87
- Average Vendor Discount: -16.63%
- Recently Advised Sales: 24
- Recently Withdrawn Listings: 38
- Total Rental Listings: 65
Key Insights:
Vaucluse saw significant vendor discounting, with prices adjusted by -16.63%, the largest across this data set. Properties are spending over 52 days on market, creating opportunities for buyers to negotiate favourable deals. Rental listings remain limited at 65, indicating solid demand for tenancy options.
Rose Bay NSW 2029
- New Sale Listings: 54
- Average Days on Market: 35.73
- Average Vendor Discount: -10.19%
- Recently Advised Sales: 28
- Recently Withdrawn Listings: 66
- Total Rental Listings: 141
Key Insights:
Rose Bay experienced significant vendor discounting of -10.19%, indicating a buyer’s market with room for negotiation. Despite this, properties are moving at a reasonable pace (35 days). With 141 rental listings, the suburb offers strong opportunities for investors and tenants alike.
Summary of December Insights
This analysis highlights several opportunities across Sydney’s Eastern Suburbs. Suburbs like Woollahra are achieving strong premiums due to competitive demand, while areas like Vaucluse and Rose Bay offer buyers significant room for negotiation. Investors will find steady rental demand in Elizabeth Bay and Rose Bay, providing promising long-term prospects.
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.
