Cathy’s neighbours have all happily lived in their homes for 25 years or more, and she plans to stay for the long run.
Meanwhile, homeowners in Castle Cove and Davidson held their properties for the longest at a median of 21.3 years in the year to March 2023.Cathy Cao feels very lucky to have bought into Roseville Chase as it was one of Sydney’s most tightly held suburbs in 2023.
Her neighbours have all happily lived in their homes for 25 years or more, and she plans to stay for the long run. That’s less than half of the Sydney-wide turnover rate of properties of 4.6 per cent recorded last year.Bidwill topped the list for the lowest turnover across Sydney with just 1.2 per cent of properties changing hands.
“The low turnover rate can be a function of a few different things. Exclusivity and desirability is one,” she said. Ray White Upper North Shore’s Jessica Cao, no relation to Cathy, said Roseville Chase is a popular suburb among buyers due to its lower profile yet similar proximity to amenities that it shares with its neighbours.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sydney Gay and Lesbian Mardi Gras | The Sydney Morning HeraldThe latest Sydney Gay and Lesbian Mardi Gras news, articles and analysis from the The Sydney Morning Herald
Read more »
Sydney floods: Delays expected for evening commute in Sydney as dangerous storm hitsResidents of Sydney and surrounding areas are being urged to stay indoors as damaging winds and heavy rain sweep through, causing life-threatening flash flooding.
Read more »
Sydney house prices: Sydney’s median house price to hit $2m, Perth $1m by 2027Sustained housing shortage and strong demand from surging population would kickstart the next growth spurt, according to Oxford Economics.
Read more »
Sydney bishop among multiple people allegedly stabbed at church in Sydney's south-westThe attack occurred on Monday evening at Christ The Good Shepherd Church in Wakeley, with graphic video showing the stabbing during a live steaming of the mass.
Read more »
Sydney stabbings: ‘Violence is coming from the edge’: Sydney’s horror weekThe local playing out of foreign conflicts and tensions is also behind a national mood of alarm following 50 hours of horror in Sydney.
Read more »
West Side Story makes a splash on Sydney HarbourLeonard Bernstein never really liked his 1961 smash hit musical - Friday’s Opera Australia production at the Fleet Steps proved his misgivings misplaced.
Read more »