Northern beaches’ strong start to market

Northern beaches’ strong start to market

The new year has opened strongly for the northern beaches with three big sales and inquiry levels ‘through the roof.’

Three sales north of $2.2 million have been recorded in the first few days of the year and agents say the year is already shaping up to be a good one with new buyers looking and investors back.

The biggest sale of the second week on the northern beaches, according to CoreLogic, was $2,232,000 for a house and granny flat at 109 Wyndora Ave, Freshwater.

Number 109 Wyndora Ave comprises a four-bedroom house and a two-level, two-bedroom granny flat on 517sqm of land.

Mike Dunn, of Clarke & Humel Property, said there was good interest in the property and expats from Singapore are the new owners.

“I don’t think the market is going to be as bad as people think,” he said.”

In the first week of the year a five-bedroom house at 100 Central Rd Avalon traded for $2.5 million.

Kim Jeffery, of LJ Hooker Newport, said buyers from Sydney’s eastern suburbs have bought the house which featured in ‘Real Living’ magazine as an example of contemporary coastal design.

Ms Jeffery said the new year has brought many new inquiries.

“People seem to have spend the Christmas/New Year period thinking about making a change,” she said.


“Inquiries are through the roof and they are new buyers we haven’t seen before,”

Buyers are interested in full range of property including units and prestige waterfronts.

“We are also talking to investors who are looking,” she said.

The third big sale of the new year was in the semirural suburb of Duffys Forest.

Number 27 The Greenway sold on January 3 for a figure believed to be in the low $3 millions. The five-bedroom house was on 2098sqm of land beside the Terrey Hills Country Club in an exclusive enclave of modern mansions. It was advertised for sale in the $3.2 million to $3.5 million and sold through Sydney Country Living Terrey Hills.

Source link