The latest research from Eastern Sydney Cityscope shows property sales values have decreased in the past three months.
Sales recorded in the quarter to January 2019 totalled $127.8 million, a decrease from the $162.7 million recorded in the quarter to October 2018 and a decrease from the $137.3 million recorded in the quarter to July 2018.
This data brings the 12 month total to $696.3 million, an increase from the $671 million recorded the same time last year.
The table below shows sales recorded for the past eight updates of Eastern Sydney Cityscope.
Notable sales listed in the January 2019 update of Eastern Sydney Cityscope include:
- Little Albion Guest House , 88 Albion Street, Surry Hills
A 35-room hotel converted from a heritage 3-storey brick building, which was built in 1910 on a site area of 538 sqm, was bought for $25.75 million through CBRE Hotels;
- 45 Hall Street, Bondi Beach
A 2-storey brick block of four units on a site area of 596 sqm and 43 Hall Street, Bondi Beach, a single storey brick shop to Hall Street built onto the front of a 2-storey sandstone former house on a site area of 581 sqm, were bought together for $20.6 million and
- San Remo, 151-157 Bondi Road, Bondi
A 2-storey interwar free classical-style brick building with two shops at street level, residential units upstairs and garages to the rear with a building area of 990 sqm and a site area of 771 sqm, was bought for $12 million through CBRE (Sydney).
Properties listed as for sale in the January 2019 update of Eastern Sydney Cityscope include:
- 48 Little Oxford Street, Darlinghurst
A 3-storey brick building to the rear of 185 Oxford Street; a mixed-use building with one ground floor commercial tenancy and three floors of residential units above, available through JLL Sydney;
- Double Bay Plaza, 19-27 Cross Street, Double Bay
A complex of single and 2-storey retail units, some with a mezzanine floor and with a combined building area of 800 sqm, available through CBRE (Sydney) and
- 19 Waterloo Street, Surry Hills
A two-storey building with ground floor retail on a site area of 89 sqm, available through DB Property Surry Hills.
Leasing opportunities listed in the January 2019 update of Eastern Sydney Cityscope include:
- 64-76 Kippax Street, Surry Hills
An eight-storey warehouse conversion commercial building with retail on the lower ground floor and 72 car parking spaces, which has office space of 708 to 6,686 sqm available for lease through Karbon Property – Sydney and Colliers International;
- 88-108 William Street, Woolloomooloo
A 24-storey, 29,850-sqm office building with basement parking to the east, which has office space ranging from 35 to 898 sqm available for lease through CI Australia and
- Room 4, 285-285A Crown Street, Surry Hills
A three-storey commercial building with underground parking for 15 cars, which has office space of 890 sqm available for lease through Colliers International – Sydney.