Good luck trying to buy in these suburbs where everything sells

By
Emily Power
December 19, 2023

These are the suburbs in Australia where everything sells at auction.

At the five in-demand postcodes – two in Sydney and three in Adelaide – vendors were laughing all the way the bank, every single time, in 2023.

The postcodes clocked a 100 per cent clearance rate this year, in Domain’s End of Year Wrap.

Banksia (Sydney), Berowra Heights (outer Sydney), Albert Park (Adelaide), Marion (Adelaide), and Rosewater (Adelaide) are the only suburbs with a 100 per cent strike rate under the hammer for the year.

Auctions are a very popular method of sale in Melbourne and Sydney, but other capital cities – including Brisbane and Adelaide – have been following suit.

Banksia, New South Wales

SOLD - $1,640,000
54 Judd Street, Banksia NSW 2216
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The renovated property has price hopes of $1,699,000 and oodles of street presence. Named La Maison, it is French provincial-style inside and has the bonus of a studio at the rear, which could be rented out, or provided to teenagers or elderly parents.

Stone Real Estate Rockdale are looking after the property’s campaign.

Berowra Heights, New South Wales

Contact Agent
224 Berowra Waters Road, Berowra Heights NSW 2082
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The “retreat” has views of Hawkesbury River and Berowra Valley National Park, about 45 minutes from the heart of Sydney. Relaxation awaits in the pool, or a coffee by the waterfall goldfish pond.

LJ Hooker Dural is handling the listing.

In Berowra Heights the Domain median house price is $1,337,510.

Albert Park, South Australia

SOLD - $675,500
91 Selth Street, Albert Park SA 5014
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The 1960’s property has price hopes of $660,000 to $720,000 and been treated to updates including the kitchen, bathroom, and new flooring. “It’s now ready for your personal touch-whether you choose to further renovate or simply make it your own, the possibilities are limitless,” the listing says.

Ray White Port Adelaide Largs Bay is handling the dealings.

Marion, South Australia

SOLD - $724,000
46 Minchinbury Terrace, Marion SA 5043
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Along a train line in the Oaklands Estate and near to the local Westfield, this time warp with three bedrooms is on 709 square metres and will suit those who love the original features or see scope the size.

The agents to see are Ray White Glenelg.

Rosewater, South Australia

Contact Agent
6 Hardy Street, Rosewater SA 5013
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The property was built in the 1960’s and but has been given a “modern twist”. It has a A separate rumpus with a bedroom at the back, which could be a teen retreat, a guest house or a music and art studio.

Harris Real Estate are looking after the campaign.

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