Freshwater, 2096 ranked 648th 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 3.67% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Freshwater is offering property investors an average of -6.18. This rate of discount on properties puts Suburb at number 249th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Freshwater the average time real estate has been on the market is 51.34 days.
With the median price for a house in Freshwater being $2400000 and the advertised rent reaching $1375 the gross rental yield for property investors calculates out to be 2.98%
Property investors who have had real estate in Freshwater, 2096 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.82%
Comparing Freshwater,2096 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 234th of NSW’s most discounted properties, Freshwater is in the middle of the state/territory when listing in order of most discounted to least.
At number 131 in a list of fastest selling suburbs, Freshwater is in the TOP 10% of suburbs in Australia with an average of days on market 41.76 for properties listed there.
Freshwater is 344th on a list of best yielding suburbs for rents in NSW with a 3.80% 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