Roselands unit stock drop in volume by 59 percent: Investar
Staff reporterDecember 7, 2020
Roselands has the highest decline of unit stock in New South Wales, according to Investar’s latest report.
The property investment firm says that the number of Roseland units has plunged by 59 percent from 49 to just the 20 for sale.
This is followed by Nambucca Heads with 51 percent and West Ryde with 47 percent.
Suburb | Postcode | Current median price | Current sales stock | Sales stock 1 yr ago | Decline |
Roselands | 2196 | $489,000 | 20 | 49 | 59% |
Nambucca Heads | 2448 | $415,000 | 21 | 43 | 51% |
West Ryde | 2114 | $625,000 | 18 | 34 | 47% |
Batehaven | 2536 | $315,000 | 22 | 39 | 43% |
Forster | 2428 | $380,000 | 59 | 102 | 42% |
A two bedroom unit at 19/17-19 Phillip Street, Roselands (above) has been listed for $515,000.
Similarly a two bedroom unit at Unit 6/818-826 Canterbury Road, Roselands (below) has been listed for $450,000.
