The latest research from Eastern Sydney Cityscope shows property sales values have decreased in the past three months.

Sales recorded in the quarter to April 2019 totalled $90.1 million, a decrease from the $127.8 million recorded in the quarter to January 2019 and a decrease from the $162.7 million recorded in the quarter to October 2018.

This data brings the 12 month total to $517.9 million, a decrease from the $801.4 million recorded the same time last year.

The table below shows sales recorded for the past eight updates of Eastern Sydney Cityscope.

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Notable sales listed in the April 2019 update of Eastern Sydney Cityscope include:

  • Gordon House at 74-78 Wentworth Avenue, Surry Hills
    A five-storey brick commercial building with retail on the ground floor, with a building area of 3,154 sqm, was bought for $39.5 million;
  • 397-399 New South Head Road, Double Bay
    A 2-storey building with parking for 9 cars to the rear on a 606 sqm block, was bought for $15 million; and
  • Unit 13 a 200 sqm ground floor retail unit including a 48 sqm courtyard and unit 15, a 195 sqm ground floor retail unit including a 48 sqm courtyard at Ozone Bondi Beach at 102-106 Campbell Parade, Bondi Beach, were bought together for $8 million.

 

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Properties listed as for sale in the April 2019 update of Eastern Sydney Cityscope include:

  • 330 New South Head Road, Double Bay
    A two-storey building with a building area of 270 sqm on a 183 sqm block, available through Sydney Wide Property Pty Ltd;
  • 383 Oxford Street, Paddington
    A two-storey building with ground level retail space, office space on the first floor and a garage to the rear lane on a 168 sqm block, available through Australian Prime Realty; and
  • Stockton House at 73-75 William Street, Darlinghurst
    A four-storey building with a building area of 908 sqm, available through Colliers International.
     

Leasing opportunities listed in the April 2019 update of Eastern Sydney Cityscope include:

  • 410 Crown Street, Surry Hills
    A three-storey brick commercial and retail building with secure parking accessible from Fitzroy Street, which has retail space of 122 to 527 sqm available for lease through City Alliance Property;
  • Foveaux House at 63 Foveaux Street, Surry Hills
    A seven-storey brick commercial building with basement parking for 10 vehicles, which has office space ranging from 292 to 961 sqm available for lease through Deans Property – Broadway; and
  • 111-115 Albion Street, Surry Hills
    A three-storey industrial building with a loading dock to Albion Street, which has refurbished office space ranging from 325 to 970 sqm available for lease through Oxford Agency - Darlinghurst.