Northern Beaches
Raine & Horne Northern Beaches Snapshot:
October was another very strong month for Raine & Horne Northern Beaches, with $59.86M in property sold across 25 successful campaigns. Buyer demand remains solid too, over 1,000 groups came through our open homes during the month. If you would like to take advantage of the current market conditions or find out what your property is worth, please reach out to us today on 02 9999 0800.
General Update:
Property owners planning to sell in late spring 2025 have more positive news to consider, as national real estate values have recorded their highest monthly gains since October 2023.
Meanwhile, Raine & Horne data indicates that tight listing volumes will continue to drive growth in many markets across Australia.
As outlined in our latest blog, "Vendors urged to make move as new deposit scheme energises buyers," the national Home Value Index rose 2.2% over the September quarter, up from 1.5% in June and double the 1.1% recorded in March. That's an impressive $18,215 lift in the median dwelling value.
The upswing is broad-based, with strong auction clearance rates signalling robust buyer demand. Raine & Horne's September data also shows open for inspection activity remains solid year-on-year and well above mid-winter levels.
With property insurers already issuing bushfire-season alerts and the Bureau of Meteorology forecasting a heightened risk of heatwaves and fires this summer, now is the time to ensure your home is ready.
In our latest blog, "What are some steps I can take to get my property ready for bushfire season?", we outline simple, practical ways to protect your home from the threat of flames. These include checking the reach of the garden hose and its fittings, safely storing combustible materials, and clearing gutters and drains.
A few proactive steps today could make all the difference when temperatures rise. Review our checklist and prepare your property for summer.
Ready to make a real estate move before Christmas? Contact Raine & Horne Northern Beaches on 02 9999 0800 to achieve your property goals.