The results are in for the Sydney apartment market for the first quarter of 2018, with our new research released today.
Our Sydney Apartment Essentials recorded 116 sales from a sample of 16% of the market in the March quarter of 2018. This is one of the lowest response rates to our sales survey over its history, which typically underscores the effect of a slowing sales environment.
The Inner South precinct recorded the majority of sales, accounting for 59% of the total sales in the quarter, followed by Sydney’s Inner West (22%) and Parramatta (12%).
Two-bedroom, two-bathroom was the best-selling product this quarter, making up 45% of total sales, in line with 44% the previous quarter.