Sydney’s eastern suburbs and inner-ring lifestyle hubs continue to show strong buyer appetite. In particular, sales velocity and premium pricing in some suburbs reveal the resilience of demand even in highly supplied markets.
Regional Snapshot
- Fastest Selling: Queens Park & Coogee (~22 days)
- Highest Vendor Premium: Bondi (+3.85%)
- Most Active Suburb: Randwick (90 sales, 541 rentals)
- Most Withdrawals: Randwick (206 properties)
Surry Hills, NSW 2023
- New Sale Listings: 94
- Average Days on Market: 26.6
- Average Vendor Discount: +2.71%
- Recently Advised Sales: 48
- Recently Withdrawn Listings: 169
- Total Rental Listings: 454
Key Insights:
Surry Hills is moving at a brisk pace, with homes selling in 26 days on average and achieving a +2.71% premium above asking. However, high withdrawals (169) suggest many vendors remain cautious. Rental demand is robust with 454 listings, making it attractive to investors.
Randwick, NSW 2031
- New Sale Listings: 116
- Average Days on Market: 30.2
- Average Vendor Discount: +2.40%
- Recently Advised Sales: 90
- Recently Withdrawn Listings: 206
- Total Rental Listings: 541
Key Insights:
Randwick is one of the most active markets, with 116 listings and 90 sales. Homes sell in about 30 days, and vendors are commanding a +2.40% premium. However, the 206 withdrawals reflect pricing sensitivity. A massive 541 rentals highlight the suburb’s dual appeal to both investors and tenants.
Queens Park, NSW 2022
- New Sale Listings: 19
- Average Days on Market: 21.9
- Average Vendor Discount: +3.07%
- Recently Advised Sales: 19
- Recently Withdrawn Listings: 7
- Total Rental Listings: 20
Key Insights:
Queens Park achieved a 100% clearance rate with all 19 listed properties sold. Homes are transacting in 22 days on average, and vendors are securing a +3.07% premium – one of the highest results across Sydney. Rental stock is scarce (20 listings), reinforcing the suburb’s desirability.
Bondi, NSW 2026
- New Sale Listings: 51
- Average Days on Market: 31.7
- Average Vendor Discount: +3.85%
- Recently Advised Sales: 31
- Recently Withdrawn Listings: 120
- Total Rental Listings: 241
Key Insights:
Bondi’s strong demand is evident, with homes achieving an average +3.85% premium, the highest in this dataset. However, 120 withdrawals suggest a pricing gap between seller expectations and buyer offers. Sales turnover is healthy, with 31 properties transacted, and rental listings remain substantial at 241.
Bronte, NSW 2024
- New Sale Listings: 18
- Average Days on Market: 29.5
- Average Vendor Discount: +0.49%
- Recently Advised Sales: 25
- Recently Withdrawn Listings: 43
- Total Rental Listings: 90
Key Insights:
Bronte recorded more sales (25) than new listings (18), indicating a drawdown of existing stock. Properties are selling in 29.5 days, and vendors are achieving slight premiums. Rental stock at 90 listings supports continued tenant activity.
Coogee, NSW 2034
- New Sale Listings: 70
- Average Days on Market: 21.7
- Average Vendor Discount: +3.75%
- Recently Advised Sales: 47
- Recently Withdrawn Listings: 105
- Total Rental Listings: 305
Key Insights:
Coogee is one of the fastest-moving markets, with homes selling in just 22 days on average. Vendors are securing +3.57% above asking prices, one of the strongest results across the East. With 305 rentals, the suburb balances investor opportunity with buyer competition.
Summary of September Insights
Sydney’s eastern beaches and inner-ring suburbs remain highly competitive, with Queens Park, Bondi, and Coogee showing strong price growth. Randwick and Surry Hills maintain high turnover but with signs of pricing sensitivity. For buyers, negotiation remains limited, while investors continue to benefit from abundant rental demand.
For more detailed advice tailored to your specific needs, feel free to reach out to Byron Rose at Rose & Jones.
