If you compare the increase in value of investment property in Freshwater, 2096 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.64%.
Freshwater,2096 has offered an average of 7.64% return per annum in house price rises to property investors over the last three years.
At number 400th of NSW’s most discounted properties, Freshwater is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Freshwater, 2096’s gross rental yield is 3.34%
Freshwater has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.86% to date .
Over the longer term, Freshwater has seen property prices show investors a 44.82% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Freshwater, 2096. Typically our figures indicate that -4.24% is being offered, which puts this NSW suburb at 1011th most discounted overall in Australia.
Often selling an investment property can take time, and in Freshwater the average time real estate has been on the market is 30.14 days.
Freshwater is 377th on a list of best yielding suburbs for rents in NSW with a 3.79% return
Northern Beaches suburb Freshwater – formerly known as Harbord – strikes the balance between being affordable yet still close enough to the city to be accessible. The suburb features one of Sydney’s most popular beaches, and a wide range of amenities. Additionally, the shopping precincts of Dee Why and Manly are nearby.Full summary
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Northern Beaches suburb Freshwater – formerly known as Harbord – strikes the balance between being affordable yet still close enough to the city to be accessible. The suburb features one of Sydney’s most popular beaches, and a wide range of amenities. Additionally, the shopping precincts of Dee Why and Manly are nearby.
Access to the city is largely by road, but the legendary rush hour gridlock across the Spit Bridge can be avoided by taking the ferry from Manly without spending too much time stuck on Pittwater Road.
It’s relatively affordable for a northern beaches suburb, with median prices that compare favourably with nearby Queenscliff and Manly. Canny investors may e able to manufacture their own value by renovating one of the 1970s units that are prevalent in the suburb.
Buyers agents Amanda Segers thinks Freshwater is a good choice, as it’s quickly growing as an investment area. “The area has far fewer blocks of units than nearby Dee Why and is a short walk to both Curl Curl and Freshwater beaches,” she says.
“The local primary schools are excellent and Freshwater Village has a range of cafes and shops. Sydney's northern beaches offer a relaxed lifestyle, year round surfing, sprawling parks and walking trails, cafes and bars, making it attractive to retirees, young couples and families.”
As with any beach suburb, views of the ocean are always popular, as is easy access to the beach – but will command a premium. Streets to the south of the suburb, like Undercliff Road, Hill Street and Crown Road provide good access to the beach and Pittwater Road – without being too busy.Close