SYDNEY Q1 REPORT 2023 & 2024 Sydney Ettiene West
There is no doubt there was some uncertainty in the property market coming into the new year, however, we are pleased to report that activity and results are gaining significant momentum. In terms of volume and results from 2023 and 2024 Q1. As an agency specialising in the exclusive apartment market, we are proud to have served the CBD and Surry Hills for over 15 years. This area is renowned as some of the most desirable locations not just in Sydney, but worldwide. With its stunning harbour, vibrant lifestyle, and unrivalled access to some of the world’s most iconic and sought after amenities, it is no wonder that discerning buyers are drawn to this area. We are excited to share with you that buyer demand for apartments in the CBD and Surry Hills have returned to pre-COVID-19 levels, and we are currently experiencing a surge of interest from both local and overseas buyers looking to secure properties across all price ranges. This does represent a window of opportunity for anyone thinking of selling in the next 3 – 6 months. Our team is committed to providing exceptional service, tailored to your unique needs and preferences. With our in-depth knowledge of the innercity market, we can help you navigate the intricacies of buying, selling or renting a property in this prime location, ensuring a smooth and successful transaction. Thank you for your continued support and we look forward to assisting you with all your real estate needs. Welcome to the Morton Sydney 2023 and 2024 Q1 Report. Arta Kains Sales Assistant to Ettiene West 0438 418 229 arta.kains@morton.com.au Arman Zounuzy Sales Associate 0410 539 793 arman.zounuzy@morton.com.au Ettiene West Sales Executive 0410 593 749 ettiene.west@morton.com.au
Morton Sydney Q1 Market Wrap up. 2023 & 2024 Sydney Market Summary Notable sales since January 2023 15/13 Oatley Road, Paddington 23/16 Leichhardt Street, Glebe 1029/20 Pelican Street, Surry Hills 2004/38 Bridge Street, Sydney 810/71 Macquarie Street, Sydney 84/3 Macquarie Street, Sydney 1208/61 Macquarie Street, Sydney 805/45 Shelley Street, Sydney 57/177-181 Clarence Street, Sydney 2 2 1 3 1 1 3 2 2 2 2 1 2 1 1 3 2 2 1 2 1 3 1 1 2 1 1 Undisclosed $1,830,000 Undisclosed $3,400,00 Undisclosed $3,925,000 Undisclosed $1,350,000 $2,010,000 ADDRESS SALE PRICE The above data is accurate as of April 2023. Data is compiled through Morton and other third-party sources. Units sold 40 Auction Clearance Rate 100% $74,586,000 $1,799,950 Total Value Sold Average Sale DATE SOLD 15th November 28th November 16th October 30th November 18th May 29th September 16th October 21st December 25th August Winner RMA – Agent of the Year 2024 $7,200,000 Highest Sale Price We are thrilled to announce we have been honoured with the following 2024 awards Winner RMA – Agency of the Year 2024
2024 Q1 Highlight Sales. Sydney C605/15 Young Street Undisclosed Sold on 11th March Sydney 715/23 Shelley Street Undisclosed Sold on 24th February 1 1 Haymarket 260/398-408 Pitt Street Sold for $950,000 on 23rd February Sydney 48/177-181 Clarence Street Sold for $1,090,000 on 31st January Haymarket 244/420-426 Pitt Street Sold for $700,000 on 17th February 1 1 2 2 1 2 1 1 1 1 1
On the Market. Sydney 413/35 Shelley Street Auction Sydney 407/45-49 Shelley Auction Sydney 705/71 Macquarie Street For Sale - $2,700,000 1 1 1 1 1 1 1 Sydney 3001/116 Bathurst Street Auction 2 2
Coming Soon. 2 2 1 Sydney 1607/197-199 Castlereagh Street Contact agent for more information Ettiene West | 0410 593 749 | ettiene.west@morton.com.au 1 1 Sydney 61/110 Sussex Street Contact agent for more information Ettiene West | 0410 593 749 | ettiene.west@morton.com.au
Coming Soon. Sydney 76/3 Macquarie Street Contact agent for more information Ettiene West | 0410 593 749 | ettiene.west@morton.com.au 3 3 4
Coming Soon. Sydney 62/7 Macquarie Street Contact agent for more information Ettiene West | 0410 593 749 | ettiene.west@morton.com.au 2 2 1
Coming Soon. Sydney 1103/71 Macquarie Street Contact agent for more information Ettiene West | 0410 593 749 | ettiene.west@morton.com.au 3 2 2
Coming Soon. Sydney 349/298 Sussex Street Contact agent for more information Ettiene West | 0410 593 749 | ettiene.west@morton.com.au 2 2 1
Coming Soon. Sydney 9.2/2 Philip Street Contact agent for more information Ettiene West | 0410 593 749 | ettiene.west@morton.com.au 2 2 1
morton.com.au Ettiene West Sales Executive 0410 593 749
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