Sydney’s eastern suburbs and inner-city markets continue to demonstrate resilient buyer demand, though conditions are becoming increasingly segmented between tightly held blue-chip suburbs and higher-volume apartment-driven precincts.
Across this dataset, 362 new listings resulted in 165 advised sales (~46% absorption rate), highlighting a market that remains active, albeit with buyers becoming increasingly selective on pricing, quality and location.
The data also points to elevated withdrawal activity across several suburbs, suggesting many vendors are choosing to hold rather than discount heavily in softer segments of the market.
Market Summary – Last 60 Days
- Total Listings: 362
- Total Advised Sales: 165
- Average Absorption Rate: ~46%
Standout Metrics:
- Highest Listing Volume: Randwick (132 listings)
- Largest Rental Market: Randwick (524 rental listings)
- Longest Selling Timeframe: Surry Hills (51.78 days)
- Strongest Pricing Performance: Randwick (+0.96%)
- Largest Vendor Discount: Bondi Junction (-1.74%)
What This Means for Buyers
The latest figures reinforce a market where quality assets in tightly held suburbs continue to perform strongly, while buyers are becoming increasingly discerning in higher-supply apartment-driven locations.
- Lifestyle and family-oriented suburbs such as Randwick and Coogee continue to demonstrate resilient demand and stable pricing outcomes.
- Inner-city markets like Surry Hills remain highly active from a rental perspective, though transaction timelines are lengthening.
- Higher-density hubs such as Bondi Junction are presenting increased opportunities for negotiation, particularly where stock volumes are elevated. For buyers, this is a market where understanding local supply dynamics and vendor motivation is becoming increasingly important.
Surry Hills, NSW 2010
- New Sale Listings: 81
- Average Days on Market: 51.78 days, the longest in this dataset.
- Vendor Discount: -0.03%, indicating pricing stability.
- Recently Advised Sales: 47 (~58% absorption).
- Withdrawn Listings: 181, highlighting vendor selectivity.
- Total Rental Listings: 420, reflecting extremely strong leasing demand.
Key Insights:
Surry Hills continues to operate as one of Sydney’s most active inner-city lifestyle markets, supported by strong tenant demand, café culture and proximity to the CBD. Despite longer selling periods, the minimal vendor discount suggests that vendors are largely holding firm on pricing. The exceptionally high withdrawal rate reinforces that sellers are preferring to wait for stronger offers rather than materially discounting quality stock.
Key Insights:
Randwick, NSW 2031
- New Sale Listings: 132, the highest in this dataset.
- Average Days on Market: 35.51 days.
- Vendor Premium: +0.96%, indicating healthy buyer competition.
- Recently Advised Sales: 57 (~43% absorption).
- Withdrawn Listings: 210, the highest across all suburbs analysed.
- Total Rental Listings: 524, reflecting significant investor activity.
Randwick remains one of Sydney’s strongest-performing eastern suburbs markets, driven by broad buyer appeal and infrastructure connectivity. The suburb continues to benefit from strong demand generated by hospitals, universities, beaches and light rail access. Positive vendor pricing outcomes indicate ongoing buyer confidence, particularly for quality family homes and upgraded apartments.
Queens Park, NSW 2022
- New Sale Listings: 14
- Average Days on Market: 27.06 days.
- Vendor Discount/Premium: 0.00%, indicating properties are generally transacting at asking price.
- Recently Advised Sales: 6 advised sales (~43% absorption).
- Withdrawn Listings: 31
- Total Rental Listings: 37, highlighting low leasing supply.
Key Insights:
Queens Park remains a tightly held boutique market characterised by limited supply and strong owner-occupier demand. The combination of low stock levels and balanced pricing outcomes reinforces Queens Park’s position as a tightly held eastern suburbs enclave. Demand remains strongest for renovated family homes close to Centennial Park and Bondi Junction amenities.
Bondi Junction, NSW 2022
- New Sale Listings: 63
- Average Days on Market: 33.27 days.
- Vendor Discount: -1.74%, indicating increased buyer negotiation.
- Recently Advised Sales: 24 (~38% absorption).
- Withdrawn Listings: 120
- Total Rental Listings: 240, supporting strong tenant demand.
Key Insights:
Bondi Junction continues to operate as one of Sydney’s key high-density lifestyle and transport hubs, attracting both owner-occupiers and investors. The elevated discounting suggests buyers are becoming more selective, particularly in the apartment segment where stock volumes remain relatively high. However, the suburb’s infrastructure, retail amenity and transport connectivity continue to underpin long-term demand fundamentals.
Key Insights:
Coogee, NSW 2022
- New Sale Listings: 72
- Average Days on Market: 32.81 days.
- Vendor Discount: -0.37%, indicating relatively stable pricing.
- Recently Advised Sales: 31 advised sales (~43% absorption).
- Withdrawn Listings: 105
- Total Rental Listings: 338, reflecting strong investor participation.
Coogee remains one of Sydney’s most consistently desirable coastal markets, supported by lifestyle appeal and constrained long-term supply. The suburb continues to attract strong demand from both local and interstate buyers seeking beachside living. Minimal discounting and balanced turnover suggest the market remains resilient despite broader affordability pressures.
Summary of May Insights
At Rose and Jones Buyers Agents, we continue to leverage detailed suburb-level analytics, market relationships and off-market access to identify strategic opportunities across Sydney’s evolving property landscape.
Ready to buy or invest with confidence? Get in touch with Byron Rose at Rose & Jones for expert buying and investment guidance.
Byron Rose
Director, Licensee-in-Charge & Buyers Agent, Rose & Jones
For personalised advice on buying or investing in these suburbs, feel free to reach out.
This report is designed to help you make well-informed property decisions based on current market trends and data-driven insights.