Whilst we all have heard about the Sydney property market over the last year the doom and gloom isn’t spread Sydney wide. Yes property prices have taken a hit, however, some suburbs have bucked the trend. According to realestate.com.au, Avalon has achieved great results growing in value from Jan 18 at $1.7 medium to Dec 18 at $1.830 medium for houses.
The Northern Beaches has a current population of 269,743 predicted to reach 309,333 by 2036. We have a large population of older children who are forecast to leave home over the coming years which will create more demand for housing in our local area.
So whilst the Sydney market as a whole is underperforming, it is not all bad news. Now is not a bad time to take a step into the property market as you can find some excellent buys and looking forward at population growth, you know property is an excellent choice of investment.
Remember to take advantage of our low conveyancing rates and excellent 24/7 service when you are selling or buying property!