A MESSAGE FROM ALEXANDRA STAMATIOU-BUDA
The property market in Earlwood and the Inner West over the past few months has remained steady, despite the earlier than expected rise in interest rates by the Reserve Bank of Australia.
In the three months to October, we saw sales volumes in Earlwood decrease -7.6% however
despite this hesitancy of vendors in listing their homes we still have qualified buyers actively wanting to secure a home or an investment property. So, while rising interest rates and inflation have taken some exuberance out of the property market, this won’t last forever, and we still see great opportunity for homeowners.
Earlwood and the Inner West continues to offer an incredible family lifestyle which is one of the reasons we’re seeing stability in buyer demand locally. We have access to great public and private schooling options, local parks and walkways, amazing cafés, restaurants, sporting facilities and much, much more.
Our aim with this report is to show not only a macro, National snapshot of the property market in Australia and New South Wales, but also to narrow down into what factors have influenced Sydney’s property market, and what we anticipate the market may do into the coming years.
This report looks at four key trends across five of our capital cities, unpacking the performance of the residential property markets in Sydney, Brisbane, Melbourne, Canberra and Hobart. It also shares John McGrath’s much anticipated property hotspots and top picks for buyers and investors.
As we move on from the pandemic years and steer our way through the new economic challenges facing us, we may find surprising opportunities arising as lifestyle choices, working habits, and design trends reshape and redefine many aspects of our property markets.
Whether you’re looking at buying locally, selling your property to upsize, downsize or relocate elsewhere, or just keep a pulse on the market, you will have high quality information at hand to base your decisions on.
If we can be of assistance with any of your property plans, please be assured Team Buda is eager to help however we can, and we are at your service. Thank you for reading, we trust you’ll take some value from this report.
Yours Sincerely, ALEXANDRA STAMATIOU-BUDA 0415 901 279 alexandras@mcgrath.com.au @alexandrasbuda
18 RONALD AVENUE, EARLWOOD
- SOLD $3,450,000
72 GUEUDECOURT AVENUE, EARLWOOD
- SOLD $2,500,500
24 VERA AVENUE, EARLWOOD
SOLD $2,650,000
14 NESS AVENUE, DULWICH HILL
77 GUEUDECOURT AVENUE, EARLWOOD
- SOLD $3,750,000
27 FLINDERS ROAD, EARLWOOD - SOLD $2,870,000
