Freshwater Market Update

Page 1

Freshwater

Cronin Nathan Ford YOUR LOCAL AGENTS
Market Update Mary Anne
Suburb sales 202 Total sales in Freshwater over the last 12 months 27 Undercliff Road $6,650,000 BED 4 BATH 2 CAR 2 56 Wyndora Avenue $3,630,000 BED 3 BATH 3 CAR 3 2/69 Undercliff Road $4,021,000 BED 3 BATH 2 CAR 1 64 Oliver Street $3,715,000 BED 4 BATH 2 CAR 2 2/54 Waine Street $2,150,000 BED 3 BATH 2 CAR 2 12 Loch Street $3,500,000 BED 4 BATH 2 CAR 2 18 Soldiers Avenue $3,050,000 BED 3 BATH 1 CAR 1 16/73 Evans Street $1,800,250 BED 2 BATH 1 CAR 1 27 Coles Road $3,450,000 BED 4 BATH 3 CAR 2 7/84-86 Wyadra Ave $1,115,700 BED 2 BATH 1 CAR 1 13/1 Murray Road $945,000 BED 2 BATH 1 CAR 1 5 Wyadra Avenue $3,675,000 BED 3 BATH 2 CAR 2 Please note that all recent sales are provided by Corelogic for Freshwater
$14,050,000 Highest sale price 26 Average days on market - Unit 9,000+ Freshwater population $3,890,000 Median House price $1,120,000 Median Unit price $1,400 /week Average rental price - House 30 - 39 Average age group $630 /week Average rental price - Unit 45 Average open home attendees Suburb statistics 31 Average days on market - House 56 Number of House sales 146 Number of Unit sales How Freshwater performed over the last 12 months Source: Data is provided by CoreLogic and is based on statistical market data. Whilst all reasonable effort is made to ensure the information in this publication is current, Upstate does not warrant the accuracy or completeness of the data and information contained in this publication.

Market wrap

Freshwater house prices saw a 16% decrease in the last 12 months reflecting a period of stabilisation we are seeing across the nation. Median house value over the last 5 years increased 38%, demonstrating the need for a correction in the market.

Freshwater boasts record sales in the last year particularly for homes within the Freshwater basin. The area continues to attract high demand due to it’s village atmosphere and close proximity to the beach. Freshwater offers a laid-back and friendly lifestyle, appealing to both local and out of area buyers.

Buyer enquiry is tipped to increase over the Christmas break as people have more leisure time to search for their next move, making it an opportune time to launch your property. The Northern Beaches offers an exceptional choice for upsizers, downsizers, investors, and first-time buyers, resulting in continued demand for the region in any market.

Give us a call today and find yourself in a better place.

Mary Anne Cronin 0411 773 646 • Nathan Ford 0404 696 133

How Upstate performed in 2022 Commercial leased Prospective buyers on our database 162,000+ 123 Commercial sales 108 Residential leased Highest sale price Northern Beaches $26,000,000 630 Residential sales 512 Auction clearance rates Auction clearance rate Sydney Auction clearance rate Northern Beaches 75% 64% Auction clearance rate Upstate 75%

The latest at Upstate

How we’re pioneering new real estate technology to benefit everyone.

The New Digital Seller Experience

Discover a better way to sell, keep up to date and have complete peace of mind, anywhere, anytime with our innovative Upstate App. The selling process is right at your fingertips, with a live dashboard displaying current enquiries and buyer interest stats, trends, campaigns, offers, attendee numbers and more. You can be sitting at a café or enjoying the bustle of your day and message your agent directly while reviewing all of your property updates at a glance.

Vendors can stay connected during the campaign, throughout every step of the selling journey with our exclusive phone app. This allows vendors to have 24/7 access to all of the stats, figures and

updates about the property, prospective buyers and monitor up-to-minute offers and open home information.

Digital Property Valuations

Never be left wondering again. Our Upstate digital property valuation tool is now live and ready to make you a property expert in seconds. From market appraisals, suburb statistics, market trends, peak selling periods, sales and growth charts to details of nearby properties –you’ll have everything you need to make informed decisions at your fingertips. Real Estate moves fast. Our report makes you move faster. Simply enter a property address and you’ll become a property expert in seconds. It’s super easy.

property listings attract significantly more enquiries than the market average.
2022 Buyer enquiries Market average Buyer enquiries UPSTATE
97
97
July
September 73
October 78
Dec Jan Feb Mar Apr May Jun Jul Au g Sep Oc t 3,000 2,250 1, 50 0 750 0 The Northern Beaches biggest team and database in a single office. Upstate 2021 Upstate 2022 Market average
Upstate
Month
January
1,305 February
1,508 March 83 1,282 April 68 1,029 May 67 884 June 61 583
62 1,073 August 74 882
1,266
1,232

SUPER UBER MARY ANNE!

What to say about this fantastic person and extraordinarily awesome professional? I couldn’t recommend MAC highly enough to begin with, she’s joyous, dedicated, knowledgeable and genuinely honest!

I believe that either as a seller or a buyer she’ll always place all cards on the table, no hidden agendas and no fuss, you should listen to her expertise and heed her advices. We did!

Vendor Review - S. Elliot

PROFESSIONAL AND RESPONSIVE

Mary-Anne Cronin was absolutely fantastic! She kept me updated at every step along the way, sent me relevant information and resources regarding the current market, and sold my property in a challenging situation in a downturning market. Not only that, but she managed to make the process seamless and even enjoyable at times! Mary-Anne is a lovely person and was a pleasure to speak with and I will actually miss our regular chats. Thank you Mary-Anne.

Vendor Review - S. Williams

1922-2022 YearS YOUNG
upstate.com.au
22 Years of sales experience 506 Total properties sold $14,000,000 Highest sale price Nathan Ford Licensed Real Estate Agent 0404 696 133 nathan.f@upstate.com.au
Anne Cronin Licensed Real Estate Agent 0411 773 646 maryanne.c@upstate.com.au
Mary

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.