Bayview Property Prices

Bayview
View of Pittwater Bayview

The median house price for a four bedroom house in Bayview NSW 2104 is $1,688,000 according to RP Data (Price data updated March 2017 RP Data)

There is average demand as Bayview is one of the Northern Beaches best kept secrets.  Bayview is centrally located near Newport and Mona Vale and is close to water sports and boating as well as spectacular surf beaches.

For more information on Bayview contact Carolyne Hawkes fro Northern Beaches Estate Agents on 0424 990 885

Freshwater Property Prices

Freshwater, formerly know as Harbord is seeing high demand from investors and families.  Located close to Manly with beautiful beaches Freshwater is  an extremely popular area.

Freshwater
Freshwater Beach

www.northernbeachesestateagents.com.au

The median house price for a 3 bedroom house in Freshwater NSW 2096 is $1,898,000 (Price data last updated March 13 2017 according to RP Data)

The median rental income for a three bedroom house in Freshwater NSW 2096 is $995PW.  There is a high demand in the market for Freshwater.

The median house price is the midway point of all the houses/units sold at market price (or sold amount) over a set period (monthly, yearly, quarterly, etc.). That is, if there were 101 houses sold during the month, the median house price would be the house price in the middle i.e., that has 50 house prices above it and 50 house prices below it.

This differs to the mean price, which equates to the average price—adding the sold prices together and then dividing this by the number of sales.

If you would like any more information on Freshwater contact Carolyne Hawkes at

www.northernbeachesestateagents.com.au

Collaroy Plateau Property Prices

The median house price for a three bedroom property in Collaroy Plateau is $1,420,000             (Price data last updated Mar 13 2017 RP Data).   This is the midway point of all the houses sold in an area over a set period.

The mean price is the  average price when you ad all the sold properties together and divide it by the number of sales.

Collaroy Plateau NSW 2097 is a very popular suburb for families with over half the population of Collaroy Plateau consisting of couples with children.  Positioned in an enviable area close to beaches, a movie cinema, cafes and great schools Collaroy Plateau is only 16km to the CBD.  If you would like any more information on Collaroy Plateau contact Carolyne Hawkes from Northern Beaches Estate Agents www.northernbeachesestateagents.com.au 

 

 

An overhauled Spit Bridge could spur on northern beaches property values

IMPROVED transport access to and from the northern beaches could drive up property prices by as much as 20 per cent, agents believe.

State Premier and Manly MP Mike Baird announced this week that traffic relief from Mona Vale to Wynyard would be a key plan in the budget.  244403-66003a8a-f1f8-11e3-a5bf-19a02e7bca61

If traffic times to the city are improved property owners in Seaforth and Balgowlah Heights can expect big value jumps.  Mr Baird said the northern beaches had been ignored for too long and he is known to support a tunnel under Military Rd to help commuters.

 

Massive waterfront property at Avalon set to fetch between $20 and $30 million

COULD this be the northern beaches’ most expensive property?

It might not have the monster mansion, the wet-edge pool or the tennis court.

But it does have what is being touted as Sydney’s largest private beachfront property with more than 119m of private beach, a deep waterfront and a jetty/wharf.

And it could be yours if you have somewhere between $20 and $30 million.

‘Marara’ as it is called, stretches across 12,685sq m of waterfront in Cabarita Road at Avalon Beach. With six separate titles, the property includes three homes, two boathouses, one massive wharf/jetty and a slipway.

Hot Homes: Does size matter?

COULD this be the northern beaches’ most expensive property?

It might not have the monster mansion, the wet-edge pool or the tennis court.

But it does have what is being touted as Sydney’s largest private beachfront property with more than 119m of private beach, a deep waterfront and a jetty/wharf.

And it could be yours if you have somewhere between $20 and $30 million.

‘Marara’ as it is called, stretches across 12,685sq m of waterfront in Cabarita Road at Avalon Beach. With six separate titles, the property includes three homes, two boathouses, one massive wharf/jetty and a slipway.

 

Financier Peter Higgins at Cabarita Rd which is for sale for only the second time in 80 y

Financier Peter Higgins at Cabarita Rd which is for sale for only the second time in 80 years.

The owner is Peter Higgins, one of the original founders of Mortgage Choice. Mr Higgins and his brother Rod set up Mortgage Choice in 1992 and both remain shareholders and directors of the company.

In recent years Mr Higgins has expanded his business interests internationally in the technology sector, and is an active member of the polo community. He now calls a 500 acre riverfront property in Richmond home.

However he came back to his beloved Marara to show it to the Manly Daily.

“You can only do so much with one life,” he said when asked why he was selling up. “We have so much happening we just don’t get to come here like we used to.”

A jetty and deepwater position allows for the biggest of crafts to be moored onsite.

432 Park Avenue New York

432 Park Avenue – this is the address of the New York skyline’s newest ornament and of the tallest residential tower in the Western Hemisphere. Towering up to 1,396 ft, the skyscraper offers 104 apartments at 30,000 sq ft each with 12.5 ft ceilings, 10 x 10 ft windows, and prices ranging from $16,95 million to $82,5 million.432-park-avenue-manhattan-residential-tower-architecture-9

Stewart Imwold, Veteran Real Estate Agent

STEWART Imwold, the veteran real estate agent who sold property in the Collaroy area for almost four decades, has died of cancer.

Mr Imwold founded the Collaroy agency The Professionals in 1977 and built it up to one of the best-regarded businesses in the area. Fifteen years ago he switched premises and brands and continued to develop the business as Elders Collaroy.

Mr Imwold was on the board of directors for the Elders franchise and an active member of the consultative committee for the Elders Group.  251074-5f65da4e-9ab4-11e4-9926-27def9b63190Beyond work the 68-year-old loved cycling and bushwalking. Mr Imwold leaves his wife, Julie, and daughter Frances who are now the new directors of the company.

Stewart’s positive and loving nature wil be forever missed by all!

 Stewart Imwold & Carolyne Hawkes
Stewart Imwold & Carolyne Hawkes

 

Land Prices Continue To Rise!

Land prices continue to rise, pushing up the overall cost of housing. Over the past year capital city land prices have increased by 6.0% and regional land prices have increased by 0.6%.

Over the 2013/14 financial year, the median selling price of land has increased by 6.0% across the combined capital cities and by 0.6% across regional markets. The median land price was recorded at $247,000 across the combined capitals and $156,000 across the regional markets.

The first chart details the ongoing rise in the cost of vacant residential land between the 1989/90 and the 2013/14 financial years. Over the period, growth in capital city and regional vacant land prices has been quite similar, with capital city prices rising by 394% and regional prices by a slightly higher 420%. More recently you can see that after the financial crisis there has been very little change in regional land prices while capital city prices have continued t

Switching focus to median land sizes, the cost of land in regional markets is much lower than capital cities and the typical lot size is much larger. As at June 2014, the median vacant land size within the capital cities was 475sqm compared to 801sqm across the combined regional markets. If we look back to June 1990, the median lot size was for capital city vacant land was 744sqm compared to 1,012sqm for the combined regional markets.

Not only is the cost of vacant land much lower in regional areas than in capital cities, you get more land for your money. In June 1990, the median lot size in regional markets was 36% larger than across the capital cities. By June 2014, regional lot sizes were 69% larger than those in capital cities.

With land prices increasing and lot sizes falling there has been a significant rise in the rate per square metre cost of land. In June 1990, capital city vacant land typically cost $65/sqm and regional vacant land typically cost $21/sqm. As at June 2014, the typical cost of vacant land cost was $530/sqm across the combined capital cities and $180/sqm across the regional markets. This result indicates that over the period from 1990 to 2014, the cost of land on a square metre basis has increased by 710% in capital cities and 742% across regional markets.