Woolloomooloo units selling in quick time
The Sydney suburb of Woolloomooloo is among the top 10 fastest selling suburbs across Australia, according to Investar’s latest report.
The property data firm says that the average waiting time for units in Woolloomooloo is 41 days.
Suburb | State | Postcode | Dwelling | Bedrooms | Days on market | Current median price |
NSW | 2133 | Unit | Studio and 1 | 38 | $412,500 | |
Kensington | VIC | 3031 | House | 2 | 39 | $775,000 |
Bowden | SA | 5007 | Unit | Studio and 1 | 40 | $340,000 |
Annandale | NSW | 2038 | House | 4 | 41 | $2,500,000 |
Woolloomooloo | NSW | 2011 | Unit | Studio and 1 | 41 | $800,000 |
Beecroft | NSW | 2119 | House | 3 | 42 | $1,350,000 |
NSW | 2094 | Unit | 2 | 42 | $900,000 | |
Narraweena | NSW | 2099 | House | 3 | 43 | $1,250,000 |
VIC | 2162 | House | 3 | 44 | $1,100,000 | |
Allambie Heights | NSW | 2100 | House | 3 | 45 | $900,000 |
A recent example is a one bedroom unit at 564/6 Cowper Wharf Road (above) was listed for two weeks before it sold for $882,000.
Another example is a one bedroom unit at 15/150-166 Forbes Street (below) that stayed on the market for 19 days before it sold for $950,000.
Properties in Woolloomooloo is in high demand with 1600 more website listing visits than most suburbs in NSW.
Independent residents account for 29 percent of the residents in the area.
