Suburb Profile Report for Freshwater NSW (2096)

Freshwater House: Median price $2,105,000, Annual capital growth 8.70%, Number of sales 66, Weekly median advertised rent $1,300

Freshwater Unit: Median price $846,500, Annual capital growth 7.51%, Number of sales 150, 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

Freshwater, 2096 ranked 987th 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

Over the longer term, Freshwater has seen property prices show investors a 48.76% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Freshwater should be aiming for at least -6.00% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Freshwater have been waiting around 38.5 days to sell a property.

The NSW suburb of Freshwater, 2096 is in the Warringah local government area.

Freshwater, 2096 ranked 93th 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

When looking at the potential capital gains offered to property investors over the last 3 years, Freshwater comes in at number 69th in NSW.

Freshwater, 2096 is offering NSW ‘s 315th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.

Residents and property investors in Freshwater have been waiting around 37.77 days to sell a property.

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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
$2,105,000 $846,500
5.55% 8.03%
5.25% 16.36%
8.70% 7.51%
$1,300 $580
66 150
3.21% 3.56%
38.5 37.77

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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