Commercial Market Wrap
Market Wrap
Q3 Market Wrap
The third quarter of 2025 was one of steady adjustment across the Northern Beaches commercial property market. While enquiry levels have eased compared to earlier in the year, the quality of prospective buyers strengthened, with more financeready purchasers actively seeking opportunities.
Importantly, owners are increasingly aligned with current market pricing. This shift has created a more balanced environment, where serious buyers and realistic sellers are meeting with greater efficiency. As a result, transactions are progressing more smoothly, and properties are achieving results that reflect true market value.
The recent drop in interest rates has further supported confidence, lowering borrowing costs and encouraging investors and owner-occupiers to reengage with the market. Despite softer enquiry numbers, those who are active are demonstrating commitment and readiness to transact.
Looking ahead to the final quarter of 2025, we expect continued momentum as interest rates stabilise further and confidence gradually returns, setting the stage for a more active start to 2026.
Building Value Through Connection
This quarter, we hosted the Upstate Economic Breakfast and our exclusive Investors Night, bringing together clients, partners and industry leaders. These events delivered expert insights and strategic market knowledge designed to help our clients make informed decisions, uncover new opportunities, and strengthen their commercial portfolios, reinforcing Upstate as a partner in long-term property success.
What’s Your Property Worth?
Would you like to know the current value of your property and how the market is performing in your area? Contact us today for a confidential market appraisal.
Recent Sales
1314 Pittwater Road, Narrabeen
$2,950,000
44/18-20 Waterloo Street, Narrabeen
$2,500,000
1/7 Bungan Street, Mona Vale
$1,120,000
9/28 Lockwood Avenue, Belrose
$1,012,000
Recent Leases
1/553 Pittwater Rd, Brookvale 400m2
$415 p/m2 + GST
3&4/4 Collaroy St, Collaroy 130m2
$820 p/m2 + GST
1/21-23 Old Barrenjoey Rd, Avalon 133m2
$884 p/m2 + GST
1&2/13-15 Warraba Rd, Nth Narrabeen 236m2
$305 p/m2 + GST
Commercial Statistics
62 Sale & Lease Transactions
$2,950,000
Market Outlook
The commercial market continued to display healthy resilience as we moved through Q3. With interest rates holding steady and confidence gradually building, we’re seeing consistent activity from both buyers and tenants.
At Upstate Commercial, our local insight and forward-thinking approach ensure you’re always one step ahead, whatever the market brings.
$182,600 + GST Gross Highest Lease Price
Sales Market Share
