Welcome to the February 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.
Clovelly NSW 2031
- New Sale Listings: 11
- Average Days on Market: 30.74
- Average Vendor Discount: 0.00%
- Recently Advised Sales: 4
- Recently Withdrawn Listings: 28
- Total Rental Listings: 52
Key Insights:
Clovelly remains a tightly held market, with only 11 new listings in the past 60 days. Properties are spending just over 30 days on market, and with no recorded vendor discount, sellers are achieving their asking prices. The suburb has a limited rental supply (52 listings), making it attractive for investors looking to capitalise on rental demand.
Dulwich Hill NSW 2203
- New Sale Listings: 38
- Average Days on Market: 30.88
- Average Vendor Discount: 2.43%
- Recently Advised Sales: 24
- Recently Withdrawn Listings: 94
- Total Rental Listings: 199
Key Insights:
Dulwich Hill has experienced strong market activity, with 38 new listings and 24 recently advised sales. Properties are selling quickly, averaging just 31 days on market, and the 2.43% vendor discount suggests buyers have some negotiating power. With nearly 200 rental listings, this area offers steady opportunities for both investors and renters.
Kirribilli NSW 2061
- New Sale Listings: 8
- Average Days on Market: 30.27
- Average Vendor Discount: 0.66%
- Recently Advised Sales: 1
- Recently Withdrawn Listings: 49
- Total Rental Listings: 85
Key Insights:
Kirribilli remains an exclusive and highly sought-after location, with only 8 new listings and 1 advised sale in the past 60 days. Properties are spending just over 30 days on the market, with a minor vendor discount of 0.66%, reflecting strong seller positioning. With 85 rental listings, Kirribilli presents investment opportunities, particularly for those targeting high-demand tenancy markets.
Leichhardt NSW 2040
- New Sale Listings: 48
- Average Days on Market: 38.74
- Average Vendor Discount: 1.02%
- Recently Advised Sales: 27
- Recently Withdrawn Listings: 127
- Total Rental Listings: 210
Key Insights:
Leichhardt has maintained steady market momentum, with 48 new listings and 27 advised sales. Properties are taking approximately 39 days to sell, while a vendor discount of 1.02% indicates a balanced negotiation environment. With over 200 rental listings, the area continues to attract tenants, making it a strong choice for investors seeking reliable rental yields.
Lilyfield NSW 2040
- New Sale Listings: 21
- Average Days on Market: 19.34
- Average Vendor Discount: 2.99%
- Recently Advised Sales: 8
- Recently Withdrawn Listings: 21
- Total Rental Listings: 53
Key Insights:
Leichhardt has maintained steady market momentum, with 48 new listings and 27 advised sales. Properties are taking approximately 39 days to sell, while a vendor discount of 1.02% indicates a balanced negotiation environment. With over 200 rental listings, the area continues to attract tenants, making it a strong choice for investors seeking reliable rental yields.
Neutral Bay 2089
- New Sale Listings: 38
- Average Days on Market: 32.29
- Average Vendor Discount: 2.08%
- Recently Advised Sales: 12
- Recently Withdrawn Listings: 108
- Total Rental Listings: 215
Key Insights:
Neutral Bay continues to be a dynamic market, with 38 new listings and 12 recently advised sales. Properties are moving in just over 32 days, and a vendor discount of 2.08% suggests some room for buyer negotiation. With 215 rental listings, the suburb offers extensive opportunities for tenants and investors alike.
Summary of February Insights
This analysis highlights strong buyer interest in Leichhardt, Dulwich Hill, and Neutral Bay, where sales activity remains robust. Lilyfield stands out for its fast-moving market, making it an appealing option for buyers who want quick transactions. Clovelly and Kirribilli remain tightly held, with minimal vendor discounts and high competition among buyers. Investors should take note of Dulwich Hill’s strong rental market and Lilyfield’s low rental stock, both of which present attractive opportunities for rental income growth.
For more detailed advice tailored to your specific needs, feel free to reach out to Byron Rose at Rose & Jones.
