Collaroy Property Market Update with David Bain

Collaroy Market Update David Bain YOUR LOCAL AGENT

Suburb sales 223

Total sales in Collaroy over the last 12 months

32/1 Ramsay Street

6/15 The Avenue

2/15 Stuart Street

4/6 Stuart Street

14 Hay Street

3/10-12 Stuart Street

901 Pittwater Road

48 Alexander Street

1/11 Jenkins Street

5 Graylind Close

28 Park Street

4 Alexander Street

Suburb statistics How Collaroy performed over the last 12 months

$16,000,000

$3,280,000

$1,280,000

Highest sale price

Median House price

Median Unit price

32

66

118

Average days on market - House

Number of House sales

Number of Unit sales

18

$1000/week

$620/week

Average days on market - Unit

Average rental price - House

Average rental price - Unit

45.7%

33.9%

Capital growth - houses

Capital growth - units

Source: yourinvestmentpropertymag.com.au Monthly data update for Mar 2021 as supplied by CoreLogic. Data is reported to the period ending Dec 2020. Please note that property sales data is routinely updated, so may change retrospectively.

Market wrap In 2021 the market saw a strong uplift in house prices driven by out of area buyers looking for a more relaxed, coastal lifestyle with the flexibilities of being able to work from home. Low stock rates triggered high demand per listing, causing the median property price on Northern Beaches to rise between 18-25% in the first half of the year.

We’ve seen a lot of long-term local residents take advantage of the market and decide to sell due to the increased value of their property. The additional funds have allowed many homeowners to be able to afford greater space out of area or downsize comfortably.

Downsizers are seeking new, low maintenance properties for their changing lifestyle needs. When selling and buying through Upstate we can match settlement dates for an easy, stress-free experience.

Whether you’re a downsizer, upsizer or first home buyer, if you’re thinking of making your move, give me a call!

How Upstate performed in 2021

544

615

$10,125,000

Residential sales

Residential leased

Highest sale price Northern Beaches

108

123

118,000+

Commercial sales

Commercial leased

Prospective buyers on our database

Auction clearance rates

85%

82%

81%

Auction clearance rate Upstate

Auction clearance rate Sydney

Auction clearance rate Northern Beaches

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Number 1 Northern Beaches single office, with the biggest team and database.

NUMBER OF TRANSACTIONS 2021 700 600 500 400 300 200 100

DOYLE SPILLANE

RAINE&HORNE MONA VALE

MCGRATH COLLAROY/ DEE WHY

LJ HOOKER MONA VALE

BELLE DEE WHY

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David Bain Licensed Real Estate Agent

0405 620 920 david.b@upstate.com.au

Honesty, integrity and determination define David’s committed approach to Real Estate and his clients.

$4,400,000

344

70%

Highest sale price

Total properties sold

Repeat clients

BLOCK RECORD

AN ABSOLUTE GEM!

David did an amazing job selling our 2 bedroom apartment in less than a week, and for a block record! He and his team were very professional and offered great insight into what small improvements we could do, in order to maximise our selling price. His honesty and ability to connect with people in a genuine way, make him stand out.

I cannot rate David higher. He is professional, kind, caring, extremely honest and goes above and beyond for his clients. Would only ever work with David and Bella.

Vendor - 3/5 Frazer Street

Vendor - 12/13 Frazer Street

upstate.com.au Level 1, Suite 15, 888 Pittwater Road, Dee Why, NSW 2099

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1922-2022