In a market defined by shifting conditions, the apartment sector continues to stand out for its consistency, with strong buyer activity and quick turnaround times across the $1.2m to $1.8m bracket. Despite interest rate fluctuations, well-located apartments are attracting consistent demand, with many campaigns moving quickly and efficiently.

Over the past week alone, several properties have transacted in as little as 10 to 15 days, underscoring the depth of buyer activity across the Eastern Suburbs. First-home buyers remain a key driver, motivated and ready to act, while investors are re-entering the market, drawn by competitive rental yields in tightly held, lifestyle-focused pockets. This segment continues to strike a compelling balance, offering accessibility without compromising on location or quality. With rental returns holding firm and supply relatively constrained, apartments remain a smart and strategic play in the current climate.

Haynes Wileman notes, “We’re seeing increased activity in the $1m range, driven by the Federal Home Guarantee Scheme and stamp duty exemptions for first home buyers, which have fuelled demand since late last year. The apartment market continues to deliver quiet strength, with consistent buyer demand and efficient campaigns driving strong results.”

Here’s a snapshot of some of our recent sales over the past week:

24/5 St Marks Road, Darling Point
Days on Market: 12 | Sold Price: $1,380,000

3/15 Bona Vista Avenue, Maroubra
Days on Market: 11 | Sold Price: $1,365,000

A6/503 Bunnerong Road, Matraville
Days on Market: 23 | Sold Price: $1,410,000

7/8 Wood Street, Randwick
Days on Market: 15 | Sold Price: Confidential

1/127 Clovelly Road, Randwick
Days on Market: 10 | Sold Price: $1,520,000

The good news is we still have a fantastic choice of apartments available across the price bracket in premium locations from parkside apartments to beach pads and urban retreats. For those seeking a coastal lifestyle, Haynes Wileman’s listing at 5/380 Bronte Road, Waverley is a standout, with the fully renovated top-floor apartment complete with a lock-up garage.

With a buyer’s guide of $1m, 17/9 King Street, Randwick presents a rare affordable entry to a prized lifestyle pocket just 500m to the light rail and Centennial Park, while 2/6 Glenwood Avenue, Coogee is a charming garden apartment in a boutique block of four, presenting an ideal semi alternative.