National Property Listings Shrink
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National Property Listings Shrink

The market is forced to confront the impact of COVID lockdowns.

By Terry Christodoulou
Mon, Jul 26, 2021Grey Clock < 1 min

The number of listings in Sydney and Melbourne is diminishing as lockdown measures extend.

Data provided by My Housing market indicates the number of homes newly listed for sale nationally has diminished over the past week – due to concerns over a protracted shutdown.

The number of homes newly listed for sale nationally is down 20.6% compared to the previous week and is now at the lowest level since the holiday period of early January.

New listings are now tracking at lower levels compared to the same period last year – down 2.5%.

All state capitals recorded declines in the number of newly listed homes over the week ending July 25 with Melbourne and Adelaide clear underperformers down by 73.6% and 49.4% respectively.

Brisbane reported the highest number of newly listed homes over the week ending July 25 – down 4.5% yet slightly ahead of Sydney down 22.1%.

National housing markets are now confronting the impact of COVID lockdowns, with recent boom-time energy dissipating and fewer transactions likely to put downward pressure on home prices.

Data Powered by Dr Andrew Wilson, My Housing Market.

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By Robyn Willis
Fri, Aug 5, 2022 2 min

When people talk about making a seachange, chances are this is the kind of property on the NSW South Coast that they have in mind.

Open for inspection for the first time this Saturday, 24 Point Street Bulli offers rare absolute beachfront, with never-to-be-built-out north facing views of the ocean. Located on the tip of Sandon Point, this two-storey property is a surfer’s dream with one of Australia’s most iconic surf breaks just beyond the back wall.

On the lower floor at street level, there are three bedrooms and two bathrooms, including a family bathroom and an ensuite in the master suite. A fourth bedroom is on the upper floor, along with the main living area, and is serviced by its own bathroom. 

While this would make a spectacular holiday home, it is well equipped for day-to-day living, with a spacious gourmet kitchen and butler’s pantry set into the articulated open plan living area on the first floor. A separate media room to the street side of the property on this level provides additional living space. 

Every aspect of this property has been considered to take in the light and views, with high ceilings internally and spacious, north facing decks on both levels to take in views of rolling waves. If the pull of the ocean is irresistible, it’s just a 100m walk to feel the sand between your toes.

The house is complemented by a Mediterranean, coastal-style garden, while the garage has room for a workshop and two car spaces.

An easy walk to Bulli village, the property is a 20 minute drive from the major hub of Wollongong and just over an hour to Sydney.

 

Open: Saturday August 6 2pm-3pm Auction: Saturday September 3 Price guide: N/A but expected to exceed $5.3m paid in March for 1 Alroy Street 

Contact: McGrath Thirroul – Vanessa Denison-Pender, 0488 443 174