Inner West mid-year market read, the numbers behind the headlines

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Inner West mid-year market read, the numbers behind the headlines

National headlines about the Brisbane market are interesting but they don't tell you much about Paddington, Bardon, Ashgrove or Red Hill specifically. Brisbane as a whole is one market on paper, but anyone who's bought or sold in the Inner West knows it operates on its own rules, with its own buyer pool and its own pricing logic that doesn't always move in step with the city average.

Across the Inner West right now we're seeing tight stock levels, days on market sitting lower than the broader Brisbane average in most pockets, and genuinely competitive buyer activity at the family home price points between $1.4m and $2.2m. Auction clearance has held up well through autumn, more so than many commentators expected, and the gap between well-presented stock and tired stock has widened noticeably. Homes that are styled, photographed properly and priced to the market are transacting in two to three weeks. Homes that aren't are sitting for two months and adjusting downward on price, often by more than the cost of the styling and presentation work that would have prevented it.

Glynis and I have been watching this cycle closely. Twenty five years of selling these streets gives us a long view, and the current market is rewarding sellers who price to the market and present properly, not those holding out for a number that worked twelve months ago. Buyers in the Inner West are well-informed, often watching multiple suburbs at once, and they move fast when something good comes up and slowly when it doesn't. If you'd like a snapshot tailored to your specific street rather than the suburb level summary, request a custom market read and we'll prepare one for you, then book in to walk through it on site.

 

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