It’s been a massive week for the team at CobdenHayson Balmain, with over $28 million in property transactions secured in just three days. Across the CobdenHayson network, total local sales reached almost $50 million over the past week. This extraordinary run of sales has not only demonstrated the strength of the Inner West market but also our team’s ability to deliver exceptional results across a variety of sales methods.
Market Insights
The Inner West market heats up: CobdenHayson delivers almost $50m in sales in just three days
31 The Avenue, Balmain East – circa $4.7m
- Sold via private treaty
- Days on market: 21 days
- Buyer origin: Birchgrove
50 Llewellyn Street, Balmain – circa $6.15m
- Sold prior to auction
- Days on market: 21 days
- Buyer origin: Balmain
26 Mort Street, Balmain – circa $5.225m
- Sold prior to auction
- Days on market: 10 days
- Buyer origin: Merah North
3/339 Victoria Place, Drummoyne – $4.1m (new block record)
- Sold prior to auction
- Days on market: 27 days
- Buyer origin: Pyrmont
3 Darvall Street, Balmain – circa $4.15m
- Sold at auction
- Days on market: 30 days
- Buyer origin: Marrickville
4 Nelson Street, Rozelle – $2.5m
- Sold off-market
- Buyer origin: St Leonards
81 Palmer Street, Balmain – circa $2.215m
- Sold after auction
- Days on market: 30 days
- Buyer origin: Balmain
These results reflect a diverse range of sales strategies - from competitive auctions to discreet off-market deals - and the outstanding demand we’re seeing for quality homes in the area.
What’s driving the market?
While last week’s modest rate cut hasn’t radically shifted borrowing capacity, it’s definitely injected a sense of optimism into the market. That sentiment translated into strong buyer engagement, and we saw firsthand how competitive the landscape becomes when the right property meets market expectations.
One of the biggest takeaways from the current market is that price alignment remains critical. Buyers are selective, but when a property’s value meets their expectations, competition becomes fierce - and that’s exactly what drove the premium outcomes we achieved last week.
Thinking of selling? Let’s talk.
With such incredible activity unfolding, now is the time to make your move. If you’re thinking of selling, we’d love to help you capitalise on this wave of buyer demand. Join our database, speak to one of our expert agents, and experience the CobdenHayson difference.
Get in touch with our team today - and let’s make your property the next success story.
Annandale | Balmain | Drummoyne | Earlwood | Lane Cove | Petersham
