Sydney Price Surge

Price surge for northern beaches sees Sydney sprint away from the rest of the capitals!

Sydney apartment prices outpaced house prices over the June quarter, up by 3.9% to a record high of $573,255, with the northern beaches the strongest region with prices up 9.4% so far this year.

Price surge for south-west fibros and northern beaches silvertails sees Sydney sprint away from the rest of the capitals

A 9% surge so far this year has helped the Sydney median house price edge through the $800,000 barrier to an all-time high of $811,837, according to the Australian Property Monitors June quarterly house price report.

Hot northern beaches scores cool clean sweep at weekend auctions

ALL 20 properties booked for auction on the northern beaches over the weekend have sold in a rare clean sweep, according to RP Data.

The peninsula’s clearance rate was a 100 per cent, compared to 77.9 per cent for Sydney, with 10 properties selling under the hammer and another 10 snapped up prior.

The big auction of the weekend was more than 1,000sq m of absolute oceanfront in Narrabeen, which was offered for the first time in 60 years and had also been used as a doctor’s surgery.

ALL 20 properties booked for auction on the northern beaches over the weekend have sold in a rare clean sweep, according to RP Data.

The peninsula’s clearance rate was a 100 per cent, compared to 77.9 per cent for Sydney, with 10 properties selling under the hammer and another 10 snapped up prior.

The big auction of the weekend was more than 1,000sq m of absolute oceanfront in Narrabeen, which was offered for the first time in 60 years and had also been used as a doctor’s surgery.

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Nine parties registered to buy 197 Ocean St, which had a guide of more than $2.9 million and sold for $3.575 million — over half a million dollars more.