From shopping to clubs, bars and restaurants, the North Shore is heating up! Residents are flocking from across Sydney to invest. Find out why..
With abundance of million and multi million dollar estates and waterfront abodes, Sydney’s North Shore is more alive than ever with younger residents making their way across the bridge in favour of our lifestyle.
Once touted as a somewhat boring, albeit rich and picturesque area, the North Shore has seen an influx of cool bars, trendy cafes and city-esque hang outs that have transformed it into a lively and energetic hub. The good news for homeowners is that this kind of revival more often than not signals a large increase in property demands, so if you are already living here, you’re in luck! Check out the latest from some of the North Shore’s most promising postcodes.
Your own North Shore pad with a slice of city life – Neutral Bay has long been a favoured destination for young families, due to its proximity to the city. With public transport making the journey in any direction easier than ever and a median property price lower than its neighbouring suburbs, Neutral Bay will no doubt push prices higher than ever in the coming years.
This sleepy Northern suburb has undergone a dramatic transformation in the last few years, with trendy apartment blocks and cafes popping up faster than ever. Now the hub of some of the states best new transport and housing initiatives, long term growth is imminent in Lane Cove, with a younger generation settling in. Close proximity to the St Leonards, Hunters Hill, Macquarie Park and Chatswood put you in one of the North Shore’s most convenient locations!
Heading up into the Northern Beaches, Freshwater has come alive in recent years and transformed itself into one of the most secluded and attractive beach destinations on the North side, with property prices still relatively affordable, comparatively with its neighbours. Bars, trendy boutique shopping and brand new restaurants isn’t all the area has to offer, with a relaxed vibe that mixes the commercial and the tranquil in the best possible way. Houses are up nearly 35 per cent in the last year and for apartments and units, up 17 per cent.
Wedged between the busy districts of St Leonards and North Sydney, Crows Nest is the perfect place to invest in. The friendly, village style community is now appealing to a wider demographic; close to a range transport options, it embodies the modern ‘work local, play local’ idea. A mixture of town houses, terrace houses and apartments with a median price lower than North Sydney and St Leonards mean than every family can be catered for. The suburb has demonstrated some of the strongest price growth on the North Shore in recent years, up 21 per cent.
Tucked away on the edge of the Garigal National Park – Davidson is one of the North Shore’s best kept secrets. With property prices surging to a median of $1.4 million in the last year, this increase is the largest the area has seen. With close access to Chatswood and a variety of public transport options, Davidson has one of the highest rates of home ownership in Sydney and will soon be serviced by a new Stocklands shopping centre. It is already home to local shops and within easy access of two other local centres and Westfield Warringah Mall.