The latest research from Sydney Units Cityscope shows that apartment sales in Sydney’s CBD have increased both in number and total sales value in the last quarter. For the three months to April 2018, there were 418 sales at a total value of $550.8 million, compared to 116 sales at a total value of $159.8 million for the previous quarter. 

The yearly figures have increased in total sales value and number, with 1,141 sales at a total value of $1.424 billion for the twelve months to April 2018, compared to the 678 sales at a total value of $954.6 million for the previous year. 

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

Sydney Units cityscope quarterly sales

Notable sales in the April 2018 update of Sydney Units Cityscope include: 

  • Unit 2804, known as unit 2808 at Highgate, 127-153 Kent Street, a three-bedroom penthouse with three balconies; 172 sqm on the 28th floor and 120 sqm on the 29th floor, which was sold with a storage lot and two car space lots for $11 million through Ken Jacobs; 
  • Unit 5408, part of Sky Penthouse at Lumiere Residences, 101-105 Bathurst Street, Sydney, a 292 sqm  penthouse with 110 sqm on level 54, 95 sqm on level 55 and 87 sqm on level 56 plus a 28 sqm car space and storage space on level six, which was sold for $7.55 million through Sydney Sotheby’s International Realty – CBD & Pyrmont; 
  • Unit 1503 at Pullman Quay Grand, 61-69 Macquarie Street, Sydney, a 226 sqm three-bedroom penthouse with balconies on the southern side of level 15, plus a 16 sqm entrance area on level 14 and a 42 sqm car space on basement level three, which was sold for $7.11 million through Morton-Sydney and
  • Lot 15, known as unit 121 at The Georgia, 155 Kent Street, Sydney, a 238 sqm three-bedroom unit with balcony on level 21 and a 29 sqm car space on level two, which was sold for $5.65 million through Sydney Sotheby's International Realty - CBD & Pyrmont.

 

Sydney units cityscope quarterly sales graph

Cityscope covers 28 predominantly capital city CBD markets across Australia and New Zealand, providing a rich level of property level data including building attributes, tenancy detail, sales and ownership.For more information on Cityscope or any other CoreLogic products call 1300 734 318 or visit the website at www.corelogic.com.au/products/cityscope. Subscribe to the free Commercial Pulse eNewsletter Get the latest commercial news and sales data each week from our CoreLogic Commercial Pulse! Click here to subscribe