Welcome to our wrap up video for 2017/2018. This will give you a good overview on how the property market has performed in the area over the past twelve months.
Within the post code of 2127 there were a number of standout sales for the past 12 months. Remembering that the market started to show signs of slowing in late 2017 and when the media picked up the story and started to run with it in 2018 it well and truly hit the brakes.
Welcome to our wrap up video for 2017/2018. This will give you a good overview on how the property market has performed in the area over the past twelve months.
Within the post code of 2127 there were a number of standout sales for the past 12 months. Remembering that the market started to show signs of slowing in late 2017 and when the media picked up the story and started to run with it in 2018 it well and truly hit the brakes.
The numbers for 2127 including Sydney Olympic Park, Newington & Wentworth Point are as follows:
Houses > 63 Sold
Units > 389 Sold
Houses. Showing the Screen shot of house sold with PNSOLD
Total sales $70,755,010
Highest > $1,985,000
Lowest > $1,150,000
Average $1,123,096
Median $1,300,000
Units Showing Screen with Shot of UNIT with PN SOLD
Totals Sales $287,340,426
Highest > $2,000,000
Lowest > $485,000
Average $738,664
Median $720,000
Topics of Discussion:
Market and reports
This past financial year has been one of SUPER highs and some significant lows. For first time there have been sales recorded around the bay below $500K. This hasn’t been the case for some time.
However there have been some really strong sales both in the apartment market and the housing sector. Two stand out sales in 2018 were a 4 Bedroom Home at Newington Boulevarde sold for $1,801,000 and a 3 bedroom in wentworth point apartment traded for $2,000,000.
Stevan Vuk-Luboya
Director
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Suite 2.03, Quad 3, 102 Bennelong Parkway,
Sydney Olympic Park NSW 2127
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