Suburb Profile Report for Freshwater NSW (2096)

Freshwater House: Median price $2,100,000, Annual capital growth 8.71%, Number of sales 64, Weekly median advertised rent $1,350

Freshwater Unit: Median price $796,500, Annual capital growth 6.77%, Number of sales 149, Weekly median advertised rent $580

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

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

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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.Full summary

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
Metrics i HOUSE UNIT
$2,100,000 $796,500
5.30% 3.11%
7.64% 9.86%
8.71% 6.77%
$1,350 $580
64 149
3.34% 3.79%
55.15 30.14

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 8251
Median household income ($/weekly) 1833
Median age of persons 35
Median housing loan repayment ($/monthly) 2600
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 885 10.7
    25-34 years 1665 20.2
    35-44 years 1623 19.7
    45-54 years 1096 13.3
    55-64 years 709 8.6
    Others 2274 27.6
    Age Group
    Census Count Percent(%)
    Registered Married 2732 44.4
    Not Married 2491 40.5
    Defacto Relationship 935 15.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 5582 71.3
    Papua New Guinea 240 3.1
    South Africa 103 1.3
    United Kingdom 830 10.6
    Other 410 5.2
    Others 660 8.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 104 1.4
    Christianity 5036 66.7
    Islam 43 0.6
    Other Religious Groups 31 0.4
    No Religion 2300 30.5
    Others 38 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 240 8.2
    $1,500-$1,999 432 14.8
    $2,000-$2,499 285 9.8
    $2,500-$2,999 419 14.4
    $3,000-$3,499 261 9.0
    Others 1274 43.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3186 50.1
    Not in the labour force 1445 22.7
    Employed, worked part-time 1295 20.4
    Employed, away from work 276 4.3
    Unemployed, looking for work 154 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 761 16.0
    Professionals 1394 29.3
    Technicians & trades workers 586 12.3
    Community & personal service workers 483 10.2
    Clerical & administrative workers 675 14.2
    Others 857 18.0
    Occupation
    Census Count Percent(%)
    Pre-school 213 11.5
    Infants/Primary 570 30.8
    Secondary 430 23.2
    Technical or Further Educational Institution 193 10.4
    University or other Tertiary Institutions 370 20.0
    Others 76 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4080 52.6
    Flat, unit or apartment 3216 41.5
    Semi-detached, row or terrace house, townhouse 442 5.7
    House or flat attached to a shop, office 13 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1191 37.3
    Rented 1156 36.2
    Fully owned 831 26.1
    Other tenure type 12 0.4
    Tenure Type
Census 2011, ABS
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