Thinking about buying in Northern Beaches? Now could not be a better time, with just 90 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $3,812,000 with prices in this suburb ranging from $1,310,000 to $7,951,000. Northern Beaches is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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Consistent high demand relative to supply is a key feature in Northern Beaches driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Northern Beaches ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Northern Beaches changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Northern Beaches the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Consisting of several well-known, well-established suburbs such as Avalon Beach and Dee Why, Northern Beaches is a region encompassing much of the coastline to the north-east of central Sydney, New South Wales. The area was previously governed separately by the Warringah, Manly and Pittwater councils; however, in 2016 this changed due to an amalgamation of the 3 councils into one, the Northern Beaches council. The region was historically rural, seeing only very gradual urbanisation until the 1960s, when better roads allowed the Sydney’s urban sprawl to extend further and faster; today it is well and truly part of the metropolis, with much of the region now populated by housing developments. Far from the traditionally slow-paced lifestyle associated with suburbia, the region enjoys a lot of tourism and activity, due in part to the famed beaches from which it takes its name.
Northern Beaches is an exclusive region enjoying a thriving real estate market with a large number of properties for sale at any given time, many of which are examples of the high-end real estate Sydney is so well known for, with valuations often reaching 7 figures; this, along with the beachside locale and proximity to the Central Business District, makes the district a popular location amongst the higher earners with jobs in the heart of the city, providing constant demand to meet the ample supply of property available. While the natural serenity surrounding the beauty of the region is far from lost, the region is full of life, sustained by excellent transport connections to the rest of central and greater Sydney. All in all, the Northern Beaches region of Sydney’s coastline is a thriving district and an excellent place to own property.
68 COWAN DR, COTTAGE POINT, NSW, 2084 | 3 | 2 | 2 | 3000000 |
Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.5 | 20.3 | 27.6 | 52.4 | 85.5 | 0 | 23.2 |
Feb | 4.3 | 20.1 | 27.0 | 54.2 | 86.5 | 0 | 19.6 |
Mar | 6.5 | 18.9 | 25.9 | 54.5 | 87.3 | 0 | 15.9 |
Apr | 5.9 | 15.3 | 23.5 | 51.4 | 89.0 | 0 | 13.9 |
May | 2.6 | 12.3 | 21.2 | 47.5 | 84.4 | 0 | 11.4 |
Jun | 4.6 | 10.3 | 18.5 | 50.3 | 85.4 | 0 | 9.1 |
Jul | 2.6 | 9.0 | 18.2 | 43.7 | 82.1 | 0 | 10.4 |
Aug | 2.6 | 9.7 | 19.7 | 39.4 | 80.2 | 0 | 13.1 |
Sept | 1.4 | 12.5 | 22.4 | 37.0 | 80.2 | 0 | 17.8 |
Oct | 2.2 | 15.0 | 23.7 | 42.7 | 82.8 | 0 | 21.1 |
Nov | 3.4 | 17.1 | 25.3 | 49.2 | 85.2 | 0 | 23.4 |
Dec | 2.1 | 18.7 | 26.4 | 49.2 | 84.8 | 0 | 24.4 |
source: Australian Government Bureau of Meteorology
24-10-2024 | $4,000,000 | 50 COWAN DR |
03-07-2024 | $6,200,000 | 22 COWAN DR |
28-02-2024 | $4,500,000 | 64 COWAN DR |
27-01-2023 | $2,000,000 | 8 COTTAGE POINT RD |
24-09-2021 | $6,800,000 | 46 COWAN DR |
10-09-2021 | $2,250,000 | 16 COTTAGE POINT RD |
31-08-2021 | $4,050,000 | 12 COWAN DR |
12-05-2021 | $2,320,000 | 6 COWAN DR |
10-02-2021 | $5,750,000 | 5 NOTTING LANE |
05-02-2021 | $2,200,000 | 22 COTTAGE POINT RD |
11-08-2020 | $4,250,000 | 22 COWAN DR |
24-07-2020 | $1,682,000 | 8 COTTAGE POINT RD |
27-03-2020 | $925,000 | 9 NOTTING LANE |
26-04-2019 | $2,870,000 | 50 COWAN DR |
23-01-2019 | $1,950,000 | 54 COWAN DR |
14-11-2018 | $2,354,000 | 18 COTTAGE POINT RD |
13-07-2017 | $2,850,000 | 7 NOTTING LANE |
17-02-2017 | $4,500,000 | 46 COWAN DR |
06-12-2016 | $2,700,000 | 26 COWAN DR |
04-10-2016 | $2,100,000 | 2 COTTAGE POINT RD |
27-04-2016 | $1,295,000 | 24 COTTAGE POINT RD |
15-10-2015 | $1,521,000 | 6 COWAN DR |
13-04-2015 | $1,620,000 | 22 COTTAGE POINT RD |
31-10-2014 | $1,450,000 | 3 COTTAGE POINT RD |
16-06-2014 | $5,150,000 | 40 COWAN DR |
01-05-2014 | $2,610,000 | 24 COWAN DR |
07-06-2013 | $3,350,000 | 5 NOTTING LANE |
26-11-2012 | $800,000 | 9 NOTTING LANE |
30-05-2012 | $2,130,000 | 66 COWAN DR |
29-07-2011 | $1,850,000 | 26 COWAN DR |
09-08-2010 | $1,520,000 | 10 COTTAGE POINT RD |
21-08-2009 | $1,700,000 | 22 COTTAGE POINT RD |
14-11-2008 | $1,250,000 | 2 NOTTING LANE |
02-05-2008 | $6,450,000 | 42 COWAN DR |
30-11-2007 | $209,000 | 3 NOTTING LANE |
15-10-2007 | $1,050,000 | 16 COTTAGE POINT RD |
14-09-2007 | $1,800,000 | 2 COTTAGE POINT RD |
18-05-2007 | $3,600,000 | 46 COWAN DR |
24-11-2006 | $1,150,000 | 26 COTTAGE POINT RD |
25-08-2006 | $1,520,000 | 18 COTTAGE POINT RD |
02-08-2006 | $3,000,000 | 52 COWAN DR |
30-06-2006 | $1,900,000 | 7 NOTTING LANE |
21-12-2005 | $1,700,000 | 5 NOTTING LANE |
11-07-2005 | $3,000,000 | 64 COWAN DR |
25-04-2005 | $1,600,000 | 5 NOTTING LANE |
06-01-2005 | $3,000,000 | 4 NOTTING LANE |
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