2023 - 2024 Market Report Earlwood Bardwell Park | Kingsgrove | Earlwood 02 9556 2071 rhbp.com.au
What’s happening in your market In October 2023, research conducted by Raine & Horne revealed a notable 25% surge in groups attending open for inspections (OFIs). Adding fuel to this late-year enthusiasm for bricks and mortar is Australia’s surging annual net migration, which likely reached 470,000 people for 2022/23. This population influx is driven by the return of international students and working holidaymakers, has added extra demand for Australian real estate. Even in the face of a succession of interest rate hikes, enthusiastic investors and homebuyers have remarkably sustained their activity in the market and this resilience and persistence is likely to extend the traditional spring market right up to the holiday season. Despite more buyers attending open homes, our research reveals that appraisals across Australia only saw a modest month-on-month increase of 3.4% in October, which will mean fewer properties available to meet buyer demand. It comes as no surprise that CoreLogic has reported a national uptick in home values, with a 0.9% increase in October. For a professional selling experience, contact one of our Raine & Horne agents today for an obligation-free appraisal of your property’s value and discuss your options for sale. Raine & Horne Bardwell Park | Kingsgrove | Earlwood 02 9556 2071 Photo by point3d from Unsplash
Steve Lembidakis Director 0411 804 155 | steve@rhbp.com.au Theo Samos Director 0413 759 098 | theo@rhbp.com.au
A selection of recent house sales in Earlwood 16 Airedale Avenue 44 Bedford Street 18 Baringa Road 9 Burlington Avenue 19A Banks Road 153 Bexley Road 21 Baringa Road 10 Carboona Avenue 28 Banks Road 19 Birrellea Avenue 1/21-21A Bass Road 5 Clemton Avenue $2,070,000 $1,615,000 $2,455,000 $2,660,000 $1,751,000 $1,410,000 $1,863,000 $1,760,000 $2,050,000 $2,071,000 $1,465,000 $1,550,000 2 2 4 4 2 3 2 2 4 3 3 5 1 1 1 1 2 3 1 2 4 1 1 3 1 2 3 2 2 4 1 1 3 1 1 3
A selection of recent house sales in Earlwood 18 Clemton Avenue 32 Forrest Avenue 7 Flers Avenue 9 Fuller Avenue 11 Collingwood Avenue 34 Forrest Avenue 21 Flers Avenue 39B Grove Street 7 Coney Road 16 Frost Street 29 Forrest Avenue 70 Grove Street $1,790,000 $1,850,000 $2,350,000 $1,850,000 $2,550,000 $1,850,000 $2,580,000 $1,580,000 $2,600,000 $1,888,000 $2,500,000 $1,851,000 4 2 3 4 2 4 1 2 2 1 3 3 2 2 2 2 3 4 6 2 3 4 2 4 1 1 3 2 2 3 2 1 5 4 2 5
A selection of recent house sales in Earlwood 101 Grove Street 19 Keith Street 23 Highcliff Road 29 Macquarie Road 49 Gueudecourt Avenue 58 Kitchener Avenue 86 Homer Street 50 Main Street 34 Hamilton Avenue 1 Lovat Avenue 192 Homer Street 57 Main Street $1,275,500 $3,200,000 $1,600,000 $2,220,000 $3,720,000 $1,779,000 $2,360,000 $2,580,000 $3,325,000 $2,220,000 $1,300,000 $2,275,000 1 1 2 4 4 4 5 3 4 2 3 5 4 2 4 2 5 3 2 1 3 2 1 3 1 3 3 2 2 3 2 2 4 1 1 3
A selection of recent house sales in Earlwood 17 Narani Crescent 2 Pembrew Crescent 112 Northcote Street 5 Richmond Street 43 Nelson Road 123 Permanent Avenue 6 Parker Avenue 47 Richmond Street 24 Nelson Road 30 Prince Edward Avenue 23 Parker Avenue 66 Riverview Road $2,505,000 $1,920,000 $2,212,000 $1,510,000 $2,360,010 $1,875,000 $2,005,000 $1,760,000 $2,000,000 $2,850,000 $2,425,000 $2,100,000 3 2 3 2 2 3 3 2 3 1 2 3 2 2 2 2 6 3 1 6 3 3 1 5 4 3 2 4 3 3 2 1 4 2 1 3
A selection of recent house sales in Earlwood 78 Riverview Road 29 Stone Street 54 Ryrie Road 37 Undercliffe Road 155 Riverview Road 71 Stone Street 10 Shaw Avenue 10 Unwin Street 47B Ryrie Road 50 Undercliffe Road 11 St Georges Parade 8B Wanstead Avenue $1,780,000 $1,360,000 $2,312,500 $2,000,000 $3,900,000 $1,601,000 $1,805,000 $2,361,000 $1,925,000 $1,905,000 $1,480,000 $3,050,000 2 2 4 4 3 4 3 1 5 3 3 3 1 2 1 2 2 4 3 2 3 2 2 2 1 1 3 3 2 4 2 1 3 1 1 2
A selection of recent house sales in Earlwood 95 Wardell Road 13 Winston Avenue 9 Waygrove Avenue 29 Woolcott Street 24 Waterside Crescent 7 Wolli Avenue 12 Wellington Road 100 Woolcott Street 29 Waterside Crescent 61 Wolli Avenue 106 William Street 3/22 Clarke Street $2,050,000 $1,821,000 $2,215,000 $1,715,000 $1,900,000 $3,100,000 $3,100,000 $1,275,000 $2,775,000 $2,100,000 $1,855,000 $840,000 2 2 3 4 2 4 3 2 4 2 1 3 1 2 2 1 2 2 3 2 4 3 1 5 1 2 3 2 1 4 5 3 5 1 2 3
A selection of recent apartment/villa sales in Earlwood 13/27-33 Homer Street 20/90-94 Riverview Road 24/156-158 Homer Street 4/178 Wardell Road 6A/83 Homer Street 27/90-94 Riverview Road 5/16 Narani Crescent 3/17-25 William Street 18/97 Homer Street 40/70-74 Wardell Road 4/90-94 Riverview Road 20/17-25 William Street $1,100,000 $1,160,000 $865,000 $935,000 $876,700 $1,135,000 $1,460,000 $900,000 $927,000 $1,170,000 $1,060,000 $860,000 2 1 2 1 1 2 1 1 2 1 1 3 2 2 1 1 2 2 2 2 3 2 1 2 2 2 3 1 1 2 2 2 3 2 1 2
Fast Facts - Earlwood 2. Source: CoreLogic RP Data December 2022 - December 2023 3. Lowest $200,000 Median $900,000 Highest $2,100,000 Unit sales price House sales price Lowest $435,000 Median $1,784,500 Highest $3,720,000 1. 158 Houses sold in the last 12 months sold 45 Units sold in the last 12 months sold House Median rent per week $840 Unit Median rent per week $600
Meet the team Steve Lembidakis Theo Samos Con Klironomos Anthony Klironomos Gerry Bernhardt Alex Ivanovski Nicholas Horozakis Maria Malakos Sandra Coelho Michael Virley Renee Virley Raine & Horne Bardwell Park | Kingsgrove | Earlwood Level 1, 11/13 Hartill-Law Avenue, Bardwell Park, NSW www.raineandhorne.com.au/bardwellparkkingsgroveearlwood 02 9556 2071 | rhbp.com.au
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