Welcome to the January 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.
Surry Hills NSW 2010
- New Sale Listings: 40
- Average Days on Market: 62.65
- Average Vendor Discount: 2.76%
- Recently Advised Sales: 37
- Recently Withdrawn Listings: 200
- Total Rental Listings: 466
Key Insights:
Surry Hills has shown a moderate level of new listings (40) and sales activity (37), with properties spending an average of 62 days on the market. The vendor discount of 2.76% suggests sellers are slightly adjusting their expectations to meet buyer demand. With 466 rental properties available, Surry Hills offers substantial options for tenants, presenting strong potential for investors targeting the rental market.
Randwick NSW 2031
- New Sale Listings: 36
- Average Days on Market: 49.08
- Average Vendor Discount: 0.89%
- Recently Advised Sales: 70
- Recently Withdrawn Listings: 157
- Total Rental Listings: 389
Key Insights:
Randwick remains a highly active market with 36 new listings and a significant 70 recently advised sales, reflecting robust buyer demand. The short market time of just under 50 days and a minimal vendor discount of 0.89% suggest strong competition among buyers. High rental listings (389) underline Randwick’s popularity among renters, making it an appealing suburb for investors.
Queens Park NSW 2022
- New Sale Listings: 2
- Average Days on Market: 38.17
- Average Vendor Discount: 0.00%
- Recently Advised Sales: 2
- Recently Withdrawn Listings: 22
- Total Rental Listings: 21
Key Insights:
Queens Park recorded minimal activity, with only 2 new listings and 2 sales over the last 60 days. The lack of a vendor discount indicates properties are achieving their asking prices. With just 21 rental listings, the rental market is tight, offering opportunities for investors to meet demand in this exclusive suburb.
Bondi NSW 2026
- New Sale Listings: 20
- Average Days on Market: 36.08
- Average Vendor Discount: 0.43%
- Recently Advised Sales: 20
- Recently Withdrawn Listings: 93
- Total Rental Listings: 194
Key Insights:
Bondi’s property market remains steady, with 20 new listings and a matching number of recently advised sales. The low average days on market (36) and modest vendor discount (0.43%) reflect a balanced market where buyers and sellers are aligned. With 194 rental listings, Bondi continues to be an attractive destination for tenants and investors.
Bronte NSW 2024
- New Sale Listings: 16
- Average Days on Market: 61.15
- Average Vendor Discount: 0.26%
- Recently Advised Sales: 7
- Recently Withdrawn Listings: 51
- Total Rental Listings: 74
Key Insights:
Bronte is characterised by slower sales activity, with an average market time of 61 days and only 7 recently advised sales. The minimal vendor discount of 0.26% suggests that prices remain steady, with limited negotiation. The relatively low rental stock (74 properties) could present opportunities for rental investors seeking stable demand in this premium suburb.
Coogee NSW 2034
- New Sale Listings: 29
- Average Days on Market: 48.67
- Average Vendor Discount: 4.59%
- Recently Advised Sales: 24
- Recently Withdrawn Listings: 95
- Total Rental Listings: 201
Key Insights:
Coogee has seen strong market activity, with 29 new listings and 24 recently advised sales. The highest vendor discount across the dataset (4.59%) suggests buyers have significant room for negotiation. With 201 rental listings, Coogee remains a competitive and balanced market for tenants and investors.
Summary of January Insights
This analysis highlights varying market dynamics across these suburbs. Randwick and Bondi are showing strong activity with minimal vendor discounts, while Coogee offers the most negotiation opportunities for buyers. Investors will find ample rental demand in Surry Hills and Randwick, while Queens Park and Bronte present limited opportunities in tighter markets.
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.
