Collaroy Plateau property market update with Kim Adams

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Collaroy Plateau Market Update

Kim
Adams YOUR LOCAL AGENT

Suburb sales 51

Total sales in Collaroy Plateau over the last 12 months

71 Stella Street $2,035,000 BED 5 BATH 3 CAR 2 6 Essilia Street $3,050,000 BED 4 BATH 2 CAR 2 11 Duncan Crescent $3,530,000 BED 5 BATH 3 CAR 2 22 Stella Street $2,120,000 BED 4 BATH 2 CAR 2
$1,720,000
4
3 CAR 2 76
Street $2,120,000 BED 4 BATH 2 CAR 2 63
5 BATH 4 CAR 2 6 Claudare Street
BED 4 BATH 3 CAR 2 35 Fuller Street
4 BATH 2
2 90 Blandford Street
4 BATH 3 CAR 2
4 BATH 4 CAR 6 33 Essilia Street
3 BATH 1 CAR 2 Please note that all recent sales are provided by Corelogic for Collaroy Plateau.
2 Orlando Road
BED
BATH
Aubreen
Edgecliffe Bvd $10,000,000+ BED
$2,800,000
$2,200,000 BED
CAR
$3,750,000 BED
2 Kangaroo Road $4,150,000 BED
$2,170,000 BED
$10,000,000+ Highest sale price 13 Average days on market - Rentals
Collaroy Plateau population $2,550,000 Median House price $1,100 /week Average rental price - House 40-49 years Predominant age group 87% Owner occupied
33 Average days on market - House 51 Number of Houses Sold 63 Number of Houses Leased How Collaroy Plateau performed over the last 12 months
CoreLogic
data.
publication
the
and
publication.
Largest buyer
4,900
Suburb statistics
Source: Data is provided by
and is based on statistical market
Whilst all reasonable effort is made to ensure the information in this
is current, Upstate does not warrant the accuracy or completeness of
data
information contained in this
62% family
demographic

Market wrap

The Northern Beaches saw exponential growth in 2021 with property prices across the region increasing 30% on average. Although the market softened in 2022 with drops around 10% - 20%, Collaroy Plateau experienced the lesser effect of this and held property value better than neighbouring comparative markets. Driving this stability is out-of-area buyers continuing to show strong interest in the Northern Beaches lifestyle, and low stock levels, which creates ideal conditions if you’re thinking of selling.

The median house price in Collaroy Plateau rose on average by 2% over the last 12 months, whilst the median rental price rose sharply by 22%, likely driven by the recent interest rate rises and landlords passing their mortgage increase onto tenants.

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.

For more information on the current market in your local area, contact Kim Adams today on 0424 194 065.

How Upstate performed in 2022

Commercial leased Prospective buyers on our database 162,000+ 112 Commercial sales 30 Residential leased Highest sale price Northern Beaches $26,000,000 591 Residential sales 366 Auction clearance rates Auction clearance rate Sydney Auction clearance rate Northern Beaches 74.4% 70.7% 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.

Upstate property listings attract significantly more

enquiries than the market average.

The Northern Beaches biggest team and database in a single office.

Month 2022 Buyer enquiries Market average Buyer enquiries UPSTATE January 97 1,305 February 97 1,508 March 83 1,282 April 68 1,029 May 67 884 June 61 583 July 62 1,073 August 74 882 September 73 1,266 October 78 1,232
Dec Jan Feb Mar Apr May Jun Jul Au g Sep Oc t 3,000 2,250 1, 50 0 750 0 Upstate 2021 Upstate 2022 Market average

Kim Adams

Licensed Real Estate Agent 0424 194 465

kim.a@upstate.com.au

VAST KNOWLEDGE OF THE MARKET

Kim knows the market extremely well. She was straight-forward, assertive, patient and incredibly helpful throughout the sales process. Her hard work, commitment and dedication resulted in the successful sale price she achieved.

Vendor – Collaroy Plateau

HIGHLY RECOMMENDED

Kim’s excellent knowledge of the market has allowed us to get the best price that is over and above our expectations. We recommend Kim for selling your property.

Purchaser – Collaroy Plateau

FRIENDLY AND ACCOMMODATING

Kim was friendly and accommodating. Her knowledge of the market was excellent. We could ask her anything and she always had the answer.

Purchaser – Collaroy Plateau

upstate.com.au

Emma Zhang

Licensed Real Estate Agent 0433 456 457

emma.z@upstate.com.au

PROFESSIONAL AGENT

From the very first meeting, Emma gave me comfort and took me through every very detail of the sales process. Emma is a kind individual who really cares about her clients. As a vendor, I was delighted with the timely updates and practical advice on presenting my property. Emma is not only a professional agent, but she is a genuine person who definitely will work hard for your success!

Vendor – Northern Beaches

KNOWLEDGE SECOND TO NONE

I had the pleasure of working with Kim for the sale of our property. Her experience and knowledge is second to none. She is very efficient and kept us updated the whole time. We would recommend her to anyone.

Vendor – Collaroy Plateau

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