The Northern Beaches topped Sydney region bucking trend of weak auctions this August

The Northern Beaches topped Sydney region bucking trend of weak auctions this August
The Northern Beaches topped Sydney region bucking trend of weak auctions this August

Some Sydney areas are managing to buck the trend of a weakening property market.

While the average clearance rate in Sydney was 48.2 per cent in August, the northern beaches proved to be the most resilient region with a rate of  63.1 per cent.

The city, the east and the lower north shore markets also bucked the trends with their clearance rates of 61.6 per cent and 61.1 per cent, respectively.

At the other end of the scale, the Central Coast registered the lowest clearance rate for the month, at 27.1 per cent. 

Indicative, a Cromer four bedroom single level house has been sold at auction for $1.675 million (pictured above).

Privately positioned well back from the street, the house at 47 Toronto Avenue combines modern design and classic Queenslander-style.

It comes with open plan living/dining, sleek island kitchen, master wing with built in, four other bedrooms, and media restreat or second living area. 

It is close to village shops, schools, city bus and only minutes to beaches. 

 The Northern Beaches topped Sydney region bucking trend of weak auctions this August

Another sale in August was a Curl Curl four bedroom house which was traded for $3.8 million (pictured above).

Designed by Gremmo Homes, the beachside house at 4A Adina Rd comprises of four generous bedrooms, expansive kitchen, two separate living/lounge areas, and covered alfresco dining and BBQ area.

Additional features include a separate study or fifth bedroom, double garage with internal access and in-ground swimming pool.

The Northern Beaches topped Sydney region bucking trend of weak auctions this August

A Frenchs Forest four bedroom house situated on a 700sqm of level land has been recently sold for $1.703 million (pictured above).

The modern family home at 10 Mimosa St comes with four generous sized bedrooms, new gas kitchen, spacious lounge and dining, and covered alfresco. 

Other features include in-ground pool, ducted underfloor heating, and secured front gate. 

The Northern Beaches topped Sydney region bucking trend of weak auctions this August

A current listing is a Forestville four bedroom freestanding townhouse with a price guide of $1.25 million (pictured above). 

The three-storey townhouse at 14/24-26 Forestville Avenue offers four double-sized bedrooms, extra play/study room, bright living and dining area, well-appointed kitchen and covered private courtyard. 

It is within a short distance to Forestville Primary School and local Forestville shopping centre. 

Tags: 
Auctions Northern Beaches

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