Market update JANUARY – MARCH 2025 Courtesy of Coco Cui Roskam Ray White Upper North Shore
A Strong Opening Quarter The first quarter of 2025 has delivered a confident and energised start to the Upper North Shore property market. Buyer sentiment has noticeably lifted, fuelled by the Reserve Bank of Australia’s February rate cut and a renewed sense of optimism across the market. From January through to March, activity has remained consistently high, with healthy buyer demand and strong engagement across all segments of the market. Buyer Confidence on the Rise With affordability conditions easing slightly and borrowing capacity improving, we’ve seen an influx of motivated buyers eager to transact. Many properties are attracting competitive interest, with well-priced and well-presented homes selling quickly. Auction clearance rates have improved steadily through the quarter, reflecting growing buyer confidence and an increase in serious, finance-ready purchasers entering the market. Continued Growth in Property Values Nationally, both house and unit values rose 0.2% in February, building on a trend that began in January. Sydney continues to lead as Australia’s most expensive capital city, and the Upper North Shore remains one of its most sought-after regions. Across our local suburbs, we’re seeing consistent price growth, underpinned by strong lifestyle appeal, access to leading schools, and an enduring reputation as a high-performing market. Outlook for the Months Ahead Looking forward, the signs remain encouraging. With inflation moderating and the possibility of further rate cuts later in the year, market conditions are expected to stay positive. We anticipate steady demand throughout Autumn and into Winter, particularly from buyers hoping to get ahead of the traditionally competitive Spring season. For sellers, this means a valuable window of opportunity to take advantage of current momentum. I sold 11 properties last quarter, set six new street records and achieved total sales of $52,630,000. With the year off to a strong start and buyer activity on the rise, 2025 is shaping up to be a great time to sell. If you’re thinking of making a move this year, please get in touch. Coco Cui Roskam 0422 683 409 coco.roskam@raywhite.com YOUR LOCAL MARKET UPDATE
FAST FACTS Source: Pricefinder 2025 1. NUMBER OF SALES HOUSES JAN-MAR 2025 JAN-MAR 2024 ST IVES 49 45 ST IVES CHASE 6 7 3. AVERAGE SALE PRICE HOUSES JAN-MAR 2025 JAN-MAR 2024 ST IVES $3,622,222 $3,558,071 ST IVES CHASE $3,044,167 $2,727,143 4. HIGHEST SALE PRICE HOUSES JAN-MAR 2025 JAN-MAR 2024 ST IVES $6,680,000 $6,450,000 ST IVES CHASE $3,560,000 $3,760,000 HOUSES JAN-MAR 2025 JAN-MAR 2024 ST IVES $3,252,000 $3,010,000 ST IVES CHASE $3,050,000 $2,760,000 2. MEDIAN SALE PRICE
HIGHLIGHT SALES BY COCO CUI ROSKAM 5/37-39 Kenthurst Road, St Ives 45 Mudies Road, St Ives 19 Collins Road, St Ives 27 Yanko Road, West Pymble 2 Oxford Place, St Ives 3 Binnowee Avenue, St Ives 21 Delaware Avenue, St Ives 27 Carissa Avenue, St Ives 4 2.5 2 4 2.5 2 5 4 2 5 3.5 2 5 4.5 2 5 4.5 2 4 1.5 2 5 3.5 2 STREET RECORD STREET RECORD STREET RECORD STREET RECORD STREET RECORD
PREPARE YOUR HOME FOR AN AUTUMN OR WINTER SALE Curb Appeal: Utilise the natural beauty of Autumn foliage to enhance your property's curb appeal. The cooler months can be a great time to sell your home, offering unique advantages. Here are some tips for making a sale in either Autumn or Winter: Focusing on these aspects can help sell your home effectively in Autumn or Winter, leveraging the season's unique selling points. Reach out to my team today to learn how to maximise your selling price. Maintain Exterior: Keep up with lawn maintenance, rake leaves regularly, and ensure pathways are clear and well-lit. Enhance Outdoor Spaces: Make your garden appealing with simple updates and demonstrate how outdoor areas can be enjoyed year-round, possibly adding features like fire pits or outdoor heaters. Warmth: Keep your home warm during opens inspections, so your home feels inviting to prospective buyers. PREPARE YOUR HOME FOR AN AUTUMN OR WINTER SALE Curb Appeal: Utilise the natural beauty of Autumn foliage to enhance your property's curb appeal. The cooler months can be a great time to sell your home, offering unique advantages. Here are some tips for making a sale in either Autumn or Winter: Focusing on these aspects can help sell your home effectively in Autumn or Winter, leveraging the season's unique selling points. Reach out to my team today to learn how to maximise your selling price. Maintain Exterior: Keep up with lawn maintenance, rake leaves regularly, and ensure pathways are clear and well-lit. Enhance Outdoor Spaces: Make your garden appealing with simple updates and demonstrate how outdoor areas can be enjoyed year-round, possibly adding features like fire pits or outdoor heaters. Warmth: Keep your home warm during opens inspections, so your home feels inviting to prospective buyers. PREPARE YOUR HOME FOR AN AUTUMN OR WINTER SALE
A WORD FROM MY CLIENTS Highly effective communicator “I can’t thank Coco enough for her exceptional service. Her expertise in the real estate market was evident from day one, making the entire process seamless and stress-free. She communicated clearly and effectively, ensuring I was always informed and confident in every step. What truly stood out was her dedication to meeting my expectations. She listened carefully, provided valuable insights, and worked tirelessly to achieve the best possible outcome. I highly recommend Coco.” SELLER – ST IVES A exceptional expert “Coco Roskam is a dedicated and knowledgeable real estate expert who goes above and beyond to sell your home quickly and at the best price. With her personalised marketing strategies, strong negotiation skills, and deep market insight, you can trust her to deliver exceptional results.” SELLER – ST IVES Top notch “I had an exceptional experience selling my house thanks to my real estate agent Coco. Her professionalism, market knowledge, and dedication were top-notch. She guided me through every step, ensuring a smooth and successful sale!” SELLER – ST IVES Coco Cui Roskam 0422 683 409 coco.roskam@raywhite.com CHAIRMAN’S PERFORMER 24-25 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
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