Prices Will Rise As Stock Levels Fall In These Suburbs
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Prices Will Rise As Stock Levels Fall In These Suburbs

The areas to be hit hardest by falling stock levels.

By Terry Christodoulou
Wed, Mar 23, 2022 3:45pmGrey Clock < 1 min

House prices are set to rise higher again across a number of suburbs such as North Sydney, Stanmore and Freshwater in Sydney as levels fall below one month of stock new research from Suburb Trends.

Elsewhere, Belmont and Highton in Geelong, Victoria, Conder and Evatt in Canberra and Dapto in the Illawarra region of NSW could also post strong growth in the months ahead despite the indicated slowdown in values across the capitals.

Where owners and vendors are holding tight, and inventory levels and days on market are low, it places upwards pressure on prices.

In North Sydney and Mosman, the inventory level has dropped from 1.3 months to under one month in the past year. Only 1.1% of houses changing hands in that suburb while prices are up by 32% in the past year.

In Stanmore, Sydney’s inner west, stock levels have dropped from 2.5 months to under one month in the same period. Only 5.7% of the total housing stock was sold in the past year which has fuelled a 28% price leap.

Collaroy and Freshwater saw only 4.7% of the total housing stock listed for sale triggering house price increases of 39% and 29% respectively.



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11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

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Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

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A 600-Year-Old Medieval Villa Overlooking Florence Lists for €12 Million

The four-storey, lemon-hued villa boasts more than 16,000 square feet of living space and historic character and charm by the bucket load

By LIZ LUCKING
Wed, May 29, 2024 2 min

A 14th-century villa in the hills overlooking Florence, Italy, has hit the market for €12 million (US$13 million).

Surrounded by cypress trees, vineyards and olive groves, the quintessential Tuscan home was built for the Davanzati family—who were powerful bankers, merchants and patrons during the Italian Renaissance who have a museum named after them in the heart of the city. The villa was one of the family’s multiple country retreats, according to Lionard Luxury Real Estate, which brought the home to the market earlier this month.

Courtesy of Lionard

The four-storey, lemon-hued villa boasts more than 16,000 square feet of living space and historic character and charm by the bucket load.

The ballroom has a giant skylight.
Courtesy of Lionard

On the ground floor there are ​​a number of reception rooms and open-air living areas, with many of them boasting antique paintings, tapestries and stately fireplaces made of marble or carved stone.

The most “magnificent” room, according to Lionard, is the winter garden hall, a ballroom with stuccos, loggias and towering vaulted ceilings, illuminated by an Art Nouveau skylight.

Courtesy of Lionard

On the first floor are multiple double bedrooms and an antique library, and the second floor, while in need of renovation, offers the possibility of creating up to 12 en-suite bedrooms. The villa’s tower has a “delightful sitting room and a rooftop terrace offering a breathtaking view of the city of Florence,” the listing said.

The villa has ivy-covered loggias.
Courtesy of Lionard

The basement, meanwhile, has a cellar with brick vaults that are perfect for wine lovers. An elevator runs between the levels.

Outside, the grounds have well-kept gardens, rolling lawns, a fountain, ancient wells and ivy-covered loggias.

Mansion Global couldn’t determine who is selling the villa, or when they acquired it.

The property is “an oasis of peace,” the listing said, and “one of the most exclusive historical estates on the hills that surround the city of Florence.”

MOST POPULAR
11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

35 North Street Windsor

Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

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