Simon Monnier-Penny

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BAYSIDE MARKET REVIEW WITH SIMON MONNIER-PENNY

Buyer activity across Bayside has picked up considerably this year, with auctions remaining the most popular method of sale. Family homes continue to attract the greatest attention, particularly those that are move-in ready. Buyers are showing a strong preference for turnkey properties that require little to no renovation.

We are also seeing more thoughtful decision making from both sides of the market. Many vendors and buyers have been waiting on the sidelines for the past two years, but 2025 has brought new energy, likely driven by recent interest rate cuts and a more stable economic outlook. This momentum is encouraging more owners to list, creating a healthier balance between supply and demand.

Buyer priorities are shifting subtly. Floor plans, rear garden orientation, and location on quality streets are key selling points. Families are especially focused on school zones and lifestyle proximity, while downsizers want ease of living without sacrificing amenities. As we look to the second half of the year, the outlook remains positive. Bayside continues to benefit from consistent demand, and as more quality homes come to market, we expect competition to remain strong through spring and beyond.

$2,200,003 $3,060,216 $7,400,000 $208,094,716

2/13A DENDY STREET

A 3 B 2 C 3

HIGHLIGHT

112 ESPLANADE

A 4 B 2 C 5

Celebrating the refined grandeur of traditional English mews style living and paying homage to the site’s original stables and coach house, this award-winning architect-designed three-bedroom residence presents a captivating fusion of time-honoured charm and luxurious contemporary liveability, in an enviable location just six doors to Brighton Beach.

Designed to celebrate breathtaking water views and epic sunsets across the Bay, this exceptionally positioned fourbedroom-plus-study family home, opposite Brighton’s famous bathing box beach, has a broad wraparound entertaining balcony and an expansively glazed upper-level living and dining area.

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