This is a headline Edward Brown | 0414 366 553 Belle Property Bondi Junction | 9016 7452 266 Oxford Street, Bondi Junction NSW 2022 belleproperty.com/bondijunction Market Report. 1 January 2023 – 30 June 2023 Bondi Junction & Queens Park
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2023 so far The housing market has so far defied the predictions of sharp pricing declines. The supply versus demand imbalance overcame the damaging impact of 12 interest rate rises. Sydney ended the financial year with a fourth month of recovery as property values increased another 1.7 percent in June. Since finding a floor in February, the cumulative recovery for Sydney property values has reached 6.7 percent, ending the financial year down by 5.1 percent, which is much less than many experts predicted. Forecast If growth continues at the same trajectory, Sydney house prices are predicted to increase as much as 9 percent by June next year. While prices are expected to rise, affordability is going to restrain the pace of growth. More rate rises are expected to be on the horizon and the serviceability buffers in place have tightened borrowing capacity for buyers significantly in the past 12 months. However, the demand from the increasing population and scarce listings will likely continue to fuel future price increases. With the flow of new listings typically subdued over winter, advertised supply levels will likely remain tight over the coming weeks before picking back up again for the spring selling season. If you have any questions on the real estate market or if you are looking to buy or sell, please contact me, I would love to be of assistance to you. Edward Brown Principal Market wrap.
Market report. Median price $2,275,000 Median price $3,625,000 Median price $1,150,000 Median price $1,195,000 Bondi Junction houses 5 year median price trend Queens Park houses 5 year median price trend Bondi Junction apartments 5 year median price trend Queens Park apartments 5 year median price trend June 2022 - June 2023 June 2022 - June 2023 June 2022 - June 2023 June 2022 - June 2023
Bondi Junction houses. 224 Birrell Street 128sqm $2,500,000 158 Ebley Street 108sqm $2,500,000 68 Birrell Street 304sqm $4,675,000 123 Denison Street 101sqm $3,125,000 78 Denison Street 99sqm $2,500,000 27 Bon Accord Avenue 360sqm $4,360,000 8 Gowrie Avenue 242sqm $2,330,000 112 Birrell Street 103sqm $2,375,000 51 Ebley Street 164sqm $2,100,000 3 4 2 2 5 3 3 3 1 1 3 1 1 3 1 5 3 1 4 2 3 1 SOLD By Edward Brown
Bondi Junction houses. 1 Hough Street 253sqm Confidential 15 Hough Street 280sqm $3,000,000 22 Mackenzie Street 88sqm $1,525,000 39 Llandaff Street 108sqm $2,800,000 13 Mackenzie Street 108sqm $2,225,000 10 Hough Street 101sqm $2,900,000 SOLD By Edward Brown SOLD By Edward Brown SOLD By Edward Brown 3 2 2 3 1 2 4 3 2 2 1 3 2 3 1 1
89 Mill Hill Road 114sqm $1,900,000 101 Newland Street 176sqm $3,200,000 47 Ruthven Street 115sqm $3,075,000 90 Ruthven Street 101sqm $2,275,000 47 Mackenzie Street 95sqm $2,040,000 48 Mill Hill Road 120sqm $2,300,000 41 Mackenzie Street 101sqm $3,015,000 SOLD By Edward Brown SOLD By Edward Brown SOLD By Edward Brown SOLD By Edward Brown SOLD By Edward Brown Bondi Junction houses. 3 2 1 2 1 4 3 1 3 1 2 2 4 1 2 1
Bondi Junction apartments. 20/54-64 Bondi Road $1,280,000 1/10A Allens Parade $700,000 302/33 Bronte Road $1,250,000 510/33 Bronte Road $1,330,000 8/93-99 Bronte Road $1,275,000 5/1 Ben Eden Street $940,000 6/110 Bronte Road $1,650,000 16/54-64 Bondi Road $1,212,500 4/12 Adams Lane $2,000,000 SOLD By Edward Brown 2 1 2 1 1 2 1 1 2 2 1 1 1 1 2 2 1 2 1 1 2 1 1 2 2
21/7 Botany Street $800,000 6/15 Botany Street $1,115,000 6/17 Botany Street $1,150,000 8/20 Botany Street $1,000,000 25/1-3 Dalley Street $770,000 3/36 Botany Street $1,100,000 Bondi Junction apartments. SOLD By Edward Brown 7/110 Bronte Road $955,000 1 1 1 1 1 1 2 1 1 2 1 1 2 1 1 2 1 1 1 36/1-3 Dalley Street $1,320,000 2/9 Dalley Street $1,050,000 2 1 1 2 1
Bondi Junction apartments. 12/18 Llandaff Street $1,150,000 14/108 Ebley Street $510,000 108/73 Ebley Street $1,515,000 807/80 Ebley Street $880,000 1204/80 Ebley Street $787,000 1406/80 Ebley Street $745,000 3/107 Ebley Street $650,000 1504/80 Ebley Street $1,995,000 1/103-105 Ebley Street $1,325,000 SOLD By Edward Brown 1 1 1 2 2 2 1 1 1 2 2 2 1 1 1 2 1 1 1 1 1 2 1 1
216/29 Newland Street $580,000 14/17-23 Newland Street $1,230,950 Bondi Junction apartments. SOLD By Edward Brown 2 2 1 S 1 5/125A Old South Head Road $875,000 2 1 AG01/91 Old South Head Road $605,000 8/91 Old South Head Road $600,000 1 1 1 1 1 3/143 Old South Head Road $695,000 1 1 1 SOLD By Edward Brown
Bondi Junction apartments. 403/292-302 Oxford Street $1,725,000 903/292-302 Oxford Street $1,270,000 1204/300 Oxford Street $1,400,000 304/306 Oxford Street $1,135,000 113E/310-330 Oxford Street $860,000 2 2 1 1 1 1 1 1 1 1 1 1 1 1 1402/253 Oxford Street $1,660,000 2 2 1 16/257 Oxford Street $750,000 302/292-302 Oxford Street $820,000 1 1 2 S 1 901/253 Oxford Street $1,560,000 2 2 1 1204/241 Oxford Street $1,820,000 1405/241 Oxford Street $880,000 2 2 1 1 1 708/79-85 Oxford Street $395,000 S 1
207/568 Oxford Street $1,480,000 502/588 Oxford Street $1,200,000 14/37-43 Paul Street $1,250,000 409/588 Oxford Street $915,000 Bondi Junction apartments. 12/11 Porter Street $880,000 1002/1 Spring Street $1,400,000 1002/350 Oxford Street $870,000 307E/310-330 Oxford Street $935,000 802/350 Oxford Street $900,000 1003W/310-330 Oxford Street $850,000 808E/310-330 Oxford Street $1,470,000 403/350 Oxford Street $1,640,000 1 1 1 1 1 1 1 2 2 1 1 1 1 1 1 1 2 1 1 3 2 1 1 1 1 2 2 1 2 2 1 2 1
Bondi Junction apartments. 508/8 Spring Street $1,320,000 18/17-25 Spring Street $1,470,000 28/17-25 Spring Street $2,000,000 3/3 Waverley Crescent $370,000 2605/71-73 Spring Street $2,400,000 1502/71-73 Spring Street $1,780,000 1/29 Waverley Street $1,057,250 3/29-31 Waverley Street $820,000 9/29-31 Waverley Street $1,430,000 1002/71-85 Spring Street $1,630,000 SOLD By Edward Brown Ed Brown is a client-focused, talented, and ethical agent. Ed continuously strives to achieve the best outcome for his clients while maintaining excellent communication throughout. He has created a consistent culture in his business with all team members committed to the client and providing a high standard of support. Highly recommended! 2 2 1 3 2 1 1 1 1 2 2 1 2 2 1 1 1 1 1 1 2 2 1 3 2 2 2 2 1 Stephen & Denise Cornish
Queens Park houses. 8 Alt Street 253sqm $3,100,000 12 Bourke Street 389sqm $4,780,000 35 Bourke Street 145sqm $3,020,000 26 Ashton Street 272sqm $5,300,000 31 Birrell Street 349sqm $3,980,000 13 Arnold Street 392sqm $5,500,000 SOLD By Edward Brown SOLD By Edward Brown 3 2 2 5 3 3 4 2 1 3 2 2 4 3 1 3 2 3
Queens Park houses. 26 Henry Street 214sqm $2,950,000 134 Denison Street 266sqm $4,855,000 54 Bourke Street 587sqm $6,950,000 32 Isabella Street 117sqm $2,000,000 139B Denison Street 112sqm $3,100,000 91 Carrington Road 185sqm $1,700,000 3/16 Isabella Street 268sqm $4,000,000 26 Fitzgerald Street 230sqm $2,730,000 115 Carrington Road 185sqm $1,780,000 46 Fitzgerald Street 133sqm $2,750,000 34 Cuthbert Street 138sqm $2,450,000 4 3 2 4 3 2 2 2 2 2 3 1 3 3 2 3 2 1 3 3 2 1 2 1 3 2 Great experience overall with Ed and team. Deep knowledge and a buyer pool is a given for someone who has lived and built his career in the Queens Park area. Johnny Zhang
Queens Park houses. 16 Manning Street 398sqm $4,850,000 148 Newland Steet 342sqm $4,630,000 26 Queens Park Road 734sqm $8,250,000 10 Rawson Avenue 152sqm $4,050,000 120 Newland Street 253sqm $4,250,000 SOLD By Edward Brown 111 Newland Street 251sqm $3,850,000 SOLD By Edward Brown 3 2 1 3 3 2 4 3 2 5 3 2 4 3 2 4 2 1
32 Stanley Street 345sqm $5,425,000 4 Victoria Street 177sqm $2,800,000 SOLD By Edward Brown Queens Park houses. 3 2 3 3 2 Edward possesses a deep and passionate knowledge of the Queens Park area. He was a delight to work with and is extremely personable and responsive. Coupled with his professionalism, understanding of the market, dogged determination, and genuine desire to act in our best interests, our experience working with Edward has been one of the best. He secured the price we wanted in a challenging market. We have no hesitation in recommending his expertise and services! Alethea Lee
Queens Park apartments. 6/73 Birrell Street $800,000 5/14 Henry Street $800,000 601/129-131 Bronte Road $1,650,000 29/173-179 Bronte Road $1,160,000 1/5 Henry Street $1,285,000 2/52 Queens Park Road $775,000 22/173-179 Bronte Road $1,470,000 702/129-131 Bronte Road $2,340,000 SOLD By Edward Brown SOLD By Edward Brown SOLD By Edward Brown 1 1 1 2 2 1 2 1 2 1 1 2 2 2 3 2 2 1 1 1 1 1 2 We were very happy to sell off the market for the price we wanted in an uncertain market. We highly recommend Edward and the team at Belle, Bondi Junction. Judy O’Regan
This is a headline Edward Brown Principal 0414 366 553 edward.brown @belleproperty.com Michelle Stubbings Client Services Manager 0481 374 574 michelle.stubbings @belleproperty.com Millie Riley Executive Assistant 0457 211 121 millie.riley @belleproperty.com Belle Property Bondi Junction | 9016 7452 266 Oxford Street, Bondi Junction NSW 2022 belleproperty.com/bondijunction *All data collected from PriceFinder, CoreLogic and Realestate.com.au
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