NSW has seen average median house prices change by 10.55% which means that Freshwater, 2096 has done well for property investors by showing a capital gain of 16.00% over the last year
If we look at median property appreciation over just the last three months, Freshwater has given property investors a paper return of 10.48%. This puts Suburb as 96 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Freshwater should be aiming for at least -7.30% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $1400 mark per week – giving a return of 3.14% based on the median price in Suburb
Freshwater, 2096 ranked 85th in NSW when comparing growth in median property values or capital gain over the last 12 months. Freshwater is one of 3163 in our list for NSW
Freshwater,2096 has offered an average of 18.63% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.12% offered to property buyers. Sellers in Freshwater itself are offering an average vendor discount of -3.20% to real estate investors.
Situated 11.71km from the CBD, Freshwater is one of Warringah localities in the postcode 2096.
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