Freshwater, 2096 ranked 943th 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 -5.51% return per annum in house price rises to property investors over the last three years.
Residents and property investors in Freshwater have been waiting around 62.3529 days to sell a property.
Property investors should expect to get $1310 weekly from the median priced house in this suburb.
Giving property investors a an unimpressive capital gain of -4.96% for the last year, Freshwater, 2096 is the 1044th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Freshwater,2096 has racked up an average of -4.96% over the period. This ranks it number 695th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Freshwater is offering property investors an average of -6.52. This rate of discount on properties puts Suburb at number 278th in terms of most discounted suburbs in NSW
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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.