Freshwater, 2096 ranked 219th 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 was ranked 2554 in Australia by increase in median property value over the quarter.
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 -7.78% is being offered, which puts this NSW suburb at 730th most discounted overall in Australia.
Giving property investors a a poor capital gain of -7.03% for the last year, Freshwater, 2096 is the 1437th highest performer in Australia in this respect.
Freshwater,2096 has offered an average of -7.03% return per annum in house price rises to property investors over the last three years.
Freshwater, 2096 is offering NSW ‘s 264th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
With the median price for a house in Freshwater being $820000 and the advertised rent reaching $595 the gross rental yield for property investors calculates out to be 3.77%
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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.
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