Welcome to the March 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.
Bellevue Hill NSW 2023
- New Sale Listings: 75
- Average Days on Market: 35
- Average Vendor Discount: 0.40%
- Recently Advised Sales: 26
- Recently Withdrawn Listings: 34
- Total Rental Listings: 107
Key Insights:
Bellevue Hill has remained a competitive market, with 75 new listings and 26 properties selling in the last two months. The average time on the market is 35 days, indicating steady demand. A vendor discount of just 0.40% suggests that sellers are holding firm on pricing, reflecting the suburb’s desirability. With 107 rental listings available, Bellevue Hill offers strong leasing opportunities for investors.
Darling Point NSW 2027
- New Sale Listings: 21
- Average Days on Market: 48.47
- Average Vendor Discount: 0.00%
- Recently Advised Sales: 6
- Recently Withdrawn Listings: 15
- Total Rental Listings: 59
Key Insights:
Darling Point remains an exclusive and tightly held market, with only 21 new listings and 6 recorded sales. Properties are taking longer to sell, averaging 48 days on the market. Notably, no vendor discounting has been observed, suggesting that buyers must be prepared to pay full price for premium properties in this suburb. The rental market remains stable with 59 available listings.
Elizabeth Bay NSW 2011
- New Sale Listings: 74
- Average Days on Market: 32.19
- Average Vendor Discount: -0.52%
- Recently Advised Sales: 26
- Recently Withdrawn Listings: 31
- Total Rental Listings: 139
Key Insights:
Elizabeth Bay has been active, with 74 new listings and 26 properties sold. The suburb is seeing properties move within 32 days, a faster turnaround than many neighbouring areas. The vendor discount of -0.52% indicates that buyers are negotiating slight reductions in asking prices. The rental market is strong, with 139 listings available, making it an attractive location for both investors and tenants.
Woollahra NSW 2025
- New Sale Listings: 45
- Average Days on Market: 21.06
- Average Vendor Discount: 0.62%
- Recently Advised Sales: 17
- Recently Withdrawn Listings: 29
- Total Rental Listings: 104
Key Insights:
Woollahra has recorded one of the fastest sales turnaround times in this report, with properties selling in just 21 days on average. The vendor discount of 0.62% indicates sellers are achieving close to their asking prices. With 104 rental properties on the market, Woollahra remains a sought-after location for both buyers and investors.
Rose Bay NSW 2029
- New Sale Listings: 72
- Average Days on Market: 38.33
- Average Vendor Discount: 0.00%
- Recently Advised Sales: 27
- Recently Withdrawn Listings: 39
- Total Rental Listings: 111
Key Insights:
Rose Bay continues to be a strong-performing suburb, with 72 new listings and 27 recent sales. Properties are taking an average of 38 days to sell, which suggests steady market conditions. The absence of a vendor discount means sellers are commanding full value, reinforcing the suburb’s desirability. Investors will find a moderate rental market, with 111 properties currently available for lease.
Vaucluse NSW 2030
- New Sale Listings: 74
- Average Days on Market: 38.32
- Average Vendor Discount: 0.85%
- Recently Advised Sales: 19
- Recently Withdrawn Listings: 44
- Total Rental Listings: 87
Key Insights:
Vaucluse has had an active sales period with 74 new listings and 19 recent sales. Properties are spending 38 days on the market, suggesting steady buyer interest. A vendor discount of 0.85% indicates some flexibility in pricing. With 87 rental listings available, the suburb remains attractive to both investors and tenants looking for prestige properties.
Summary of March Insights
This analysis diverse trends across these premium Sydney suburbs. Woollahra and Elizabeth Bay continue to see strong demand with quick turnover and minimal discounting. Darling Point and Rose Bay remain prestige markets where buyers need to pay full price to secure a property. Bellevue Hill and Vaucluse offer a balance of steady demand and some buyer negotiating power.
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.
