Market update APRIL - JUNE 2025 Courtesy of Scott Phillips Ray White Upper North Shore
Strong market performance amid national momentum As winter settles in, the Australian property market continues to perform, with Sydney house prices rising 1.0% in May to a median of $1,627,858. On the Upper North Shore, confidence is high following recent interest rate cuts, and we’re seeing steady demand push values higher in response to limited supply. Tight listings creating opportunity Despite a 19.5% month-on-month rise in Sydney listings during May, overall stock remains 3.0% lower than the same time last year. This ongoing shortage continues to create favourable selling conditions, as buyers compete for limited options. Nationally, auction clearance rates lifted to 69.7%, reinforcing the strength of current market activity. Buyer intent remains high Ray White auctions are recording strong engagement, with an average of 4.1 registered bidders per property and 68% actively participating. These figures reflect serious buyer intent and a willingness to act quickly when the right property hits the market — a trend driven by tight supply and renewed confidence. Market outlook: winter into spring The remainder of winter is expected to remain active, with demand outpacing supply across many segments. Interest rate cuts have improved conditions for buyers, and listing activity is likely to build as we head into spring. For sellers, there’s a valuable opportunity to get ahead of the seasonal uplift and take advantage of current market strength. If you’re thinking of selling, my team and I use detailed buyer insights to drive competition and negotiate from a position of strength, so you get the best price. Scott Phillips 0402 272 575 scott.p@raywhite.com INSIDE THE MARKET: WINTER EDITION
FAST FACTS Killara and Gordon 1. HOUSES APRIL - JUNE 2025 APRIL - JUNE 2024 KILLARA 25 23 GORDON 11 11 NUMBER OF SALES HOUSES APRIL - JUNE 2025 APRIL - JUNE 2024 KILLARA $4,092,500 $3,852,000 GORDON $3,707,500 $4,250,000 2. MEDIAN SALE PRICE 3. HIGHEST SALE PRICE HOUSES APRIL - JUNE 2025 APRIL - JUNE 2024 KILLARA $8,000,000 $13,800,000 GORDON $8,750,000 $5,728,000 GORDON 77% KILLARA 44% 4. AUCTION CLEARANCE RATE (6 MONTHS TO JULY 2025) Source: Pricefinder 2025
HIGHLIGHT SALES BY TEAM PHILLIPS Lennox Street, Gordon Darnley Street, Gordon 22 Lennox Street, Gordon 14 Quebec Avenue, Killara 37 Carlotta Avenue, Gordon G01/15 Moree Street, Gordon SOLD $8,750,000 SOLD $5,200,000 SOLD $4,200,000 SOLD $3,955,000 SOLD $4,300,000 SOLD $1,820,000 STREET RECORD HIGHEST SALE PRICE IN GORDON 2025 5 5 2 4 2 2 4 2 2 5 3 2 4 2 2 3 2 2
WHY SELL WITH RAY WHITE UPPER NORTH SHORE? Sales Volume Ray White Competitor 1 Competitor 2 Competitor 3 Competitor 4 0 200 400 600 800 1000 Sales Value Ray White Competitor 1 Competitor 2 Competitor 3 Competitor 4 $0 $500,000,000 $1,000,000,000 $1,500,000,000 $2,000,000,000 $2,500,000,000 Source: CoreLogic Market Scorecard FY24-25 Ray White Upper North Shore sets the standard by selling more properties than any other agency across the Upper North Shore. This extensive track record enables us to connect with more potential purchasers than anyone else, ensuring unmatched exposure for your property. Our comprehensive marketing strategies are proven to give you an advantage when selling your home. VIEWS ENGAGEMENT ENQUIRIES SAVES & SHARES 3,381 2,785 27,271 23,617 59 49 21 16 RAY WHITE UPPER NORTH SHORE MARKET AVERAGE Source: Domain published listings FY24-25
Professional and engaging “Scott is personable, professional and meticulous. Responsive and timely. A pleasure to work with and highly recommend.” - VENDOR OF G01/15 MOREE STREET, GORDON Exceptional from start to finish “Scott and his team were fabulous from start to end. Before the campaign began we had a very helpful schedule of events prepared that was needed for the house to be ready for sale. The trades were all locals known by Scott, ready and willing to support us all. When the campaign launched we had exceptional service and communication. Scott and his team had extensive knowledge of the local market.” - VENDOR OF 49 STANHOPE ROAD, KILLARA A great process and an outstanding result “We recently completed a successful sale of our family home. Scott did an outstanding job, guiding the process and providing invaluable advice throughout. His attention to detail at the outset made a material difference to the final successful sale price. There were many aspects which were impressive - the communications and reporting framework, the support services and the high level of responsiveness and problem solving. Scott is highly ethical and a pleasure to work with.” - VENDOR OF 58 CECIL STREET, GORDON A WORD FROM MY CLIENTS Scott Phillips Sales 0402 272 575 scott.p@raywhite.com Roseville 39 Hill Street Wahroonga 18 Railway Avenue St Ives 237 Mona Vale Road Hornsby 45-47 Hunter Street Pennant Hills 1 Hillcrest Road Ray White Upper North Shore Head Office: 2 Turramurra Avenue, Turramurra raywhiteuppernorthshore.com.au I am honoured to receive Killara Sales Agent of the Year for the 6th year. Open to all agents, this award recognises the agent receiving the highest number of 5 star vendor reviews in Killara.
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