Northern Beaches Real Estate Market Update

Written By Aaron Downie

Manly: The median house price in Manly is $4,035,000 based on 41 sales in the past 12 months—that's a decrease of 12%. Buyer demand has increased by 35% in the same period. Last month Manly had 260 properties available for rent and 55 properties for sale. Median property prices over the last year range from $4,035,000 for houses to $1,675,000 for units.

Clontarf: The median house price in Clontarf is $5,162,500 based on 26 sales in the past 12 months—that's an increase of 8%. Buyer demand has increased by 12% in the same period. Last month Clontarf had 8 properties available for rent and 6 properties for sale. Median sold prices over the last year is $5,162,500 for houses.

Freshwater: The median house price in Freshwater is $3,620,000 based on 45 sales in the past 12 months—that's a decrease of 6%. Buyer demand has decreased by 6% in the same period. Last month Freshwater had 55 properties available for rent and 22 properties for sale. Median property prices over the last year range from $3,620,000 for houses to $972,500 for units.

Collaroy: The median house price in Collaroy is $3,475,000 based on 34 sales in the past 12 months—that's an increase of 1%. Buyer demand has decreased by 19% in the same period. Last month Collaroy had 54 properties available for rent and 19 properties for sale. Median property prices over the last year range from $3,450,000 for houses to $1,140,000 for units.

Mona Vale: The median house price in Mona Vale is $2,390,000 based on 68 sales in the past 12 months—that's a decrease of 9%. Buyer demand has increased by 24% in the same period. Last month Mona Vale had 36 properties available for rent and 45 properties for sale. Median property prices over the last year range from $2,380,000 for houses to $1,385,000 for units.

Avalon: The median house price in Avalon Beach is $2,540,000 based on 131 sales in the past 12 months—that's a decrease of 20%. Buyer demand has increased by 18% in the same period. Last month Avalon Beach had 77 properties available for rent and 52 properties for sale. Median property prices over the last year range from $2,540,000 for houses to $1,137,500 for units.

Palm Beach: The median house price in Palm Beach is $5,000,000 based on 35 sales in the past 12 months—that's a decrease of 14%. Buyer demand has increased by 20% in the same period. Last month Palm Beach had 13 properties available for rent and 13 properties for sale. Median sold prices over the last year is $4,900,000 for houses.

There are currently 9 ‘houses for sale northern beaches’ north of $10 million with the top 5 being:

Top 5 sales for 2023:

Overall, the ‘northern beaches real estate market’ remains strong with an under supply in stock and increase levels in demand. There are a number of offmarket properties trading, especially A grade stock. If you’re a buyer looking for access to ‘off market houses for sale’ I recommend getting in contact with every local real estate agent, subscribing to their off market database and maintaining regular contact with them. Another way to access ‘off market real estate’ is with a local buyers agent.

Aaron Downie https://www.mackenziepropertygroup.com.au/
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